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Nerdy Expects Q3 Revenue Of $35M - $38M (Est $49.36M); Cuts FY24 Outlook From $232M - $246M To $196M - $204M (Est $237.57M)

Author: Benzinga Newsdesk | August 08, 2024 05:01pm

For the third quarter of 2024, we expect adjusted EBITDA in a range of negative $19 million to negative $17 million. For the full year, we expect adjusted EBITDA in a range of negative $21 million to negative $19 million.

Consistent with prior guidance, it expects a return to durable and profitable growth as it exits the year.

Posted In: NRDY

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