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Coursera, Inc. (NYSE:COUR) shares are moving higher on Friday after the company reported better-than-expected second-quarter earnings results.
What’s Going On: Coursera reported quarterly earnings of 9 cents per share, significantly surpassing the analyst consensus estimate of 1. The company posted quarterly sales of $170.34 million, exceeding the analyst consensus estimate of $164.41 million.
Additionally, Coursera surpassed 2 million enrollments in its generative AI catalog and launched a record number of entry-level Professional Certificates from industry leaders like Google Cloud, IBM Corp. (NYSE:IBM), Meta Platforms and Microsoft Corp (NASDAQ:MSFT).
Analyst Ratings:
COUR Price Action: Coursera shares have climbed by 46.3% to $10.84 according to Benzinga Pro.
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