Nerdy Inc.
Nerdy operates an online tutoring and learning platform that connects learners of all ages with tutors, educators, subject matter experts and other professionals. Its flagship business, Varsity Tutors, provides live online tutoring and classes, while Varsity Tutors for Schools offers tutoring and learning services to school districts and other institutions. Learning formats include one-on-one instruction, small-group and large-format classes, chat-based tutoring, essay review, adaptive assessments and self-study tools. Nerdy serves consumers through Learning Memberships, a subscription offering that combines access to multiple learning formats and resources. For institutions, its Live+AI platform and Varsity Tutors for Schools provide services including tutoring, classes and online learning tools. The platform uses AI for learner-expert matching, personalization and learning resources. Nerdy is headquartered in St. Louis, Missouri.
Needham raised its price target for Nerdy Inc. (NYSE:NRDY) to $8.00 from $2.00, citing cost efficiencies and customer retention. The company's Q3 revenue missed expectations at $33.2M, but adjusted EBITDA beat forecasts. Nerdy reported a 10% revenue decline year-over-year and maintains a gross profit margin of 65%. Needham highlights new customer growth as key to achieving breakeven.
Nerdy reported Q3 revenue of $33.2M, missing estimates by $0.31M. The company expects non-GAAP adjusted EBITDA to be breakeven in Q4 2026 and to end the year with $35.0M in liquidity.
Nerdy Inc. (NRDY) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Q3 2026 Earnings Release A Note to Our Shareholders Dear Shareholders, Our third quarter results were in line with expectations, with non-GAAP Adjusted EBITDA improving by $4.5 million year over year and non-GAAP Adjusted EBITDA margin expanding by over 1,000 basis p
Over the past 7 days, AlphAI's AI scored 6 news stories mentioning NRDY (Nerdy Inc.). Coverage has been balanced: 2 bullish, 2 neutral, and 2 bearish.
Recent NRDY coverage spans earnings, corporate actions and financial news.
In the last 30 days, NRDY insiders filed 2 SEC Form 4 transactions — no purchases and 2 sales ($34K). The most active reporter was Bagga Atul Madan Mohan, Chief Financial Officer, with 1 filing.
Analyst price target increase suggests upside potential.
The miss and weak guidance likely pressure the stock.
Near-term earnings power hinges on whether delayed self-service and e-commerce launches translate into higher learning membership acquisition in Q4.
The earnings announcement provides a clear date for traders to position ahead of the release.
The leadership change may affect Nerdy Inc.'s financial reporting oversight and could influence investor perception of internal controls.
AlphAI scores every news story that mentions NRDY with an AI model for sentiment and relevance, and aggregates insider trades from Nerdy Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Needham raised its price target for Nerdy Inc. (NYSE:NRDY) to $8.00 from $2.00, citing cost efficiencies and customer retention. The company's Q3 revenue missed expectations at $33.2M, but adjusted EBITDA beat forecasts. Nerdy reported a 10% revenue decline year-over-year and maintains a gross profit margin of 65%. Needham highlights new customer growth as key to achieving breakeven.
Nerdy reported Q3 revenue of $33.2M, missing estimates by $0.31M. The company expects non-GAAP adjusted EBITDA to be breakeven in Q4 2026 and to end the year with $35.0M in liquidity.
Nerdy Inc. (NRDY) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Q3 2026 Earnings Release A Note to Our Shareholders Dear Shareholders, Our third quarter results were in line with expectations, with non-GAAP Adjusted EBITDA improving by $4.5 million year over year and non-GAAP Adjusted EBITDA margin expanding by over 1,000 basis p
Nerdy Inc. (NYSE: NRDY), an online learning platform, will release its third-quarter results on Nov. 9 and host a call at 5 p.m. The company operates a live tutoring platform using AI to personalize learning. Its flagship business, Varsity Tutors, is a major live online tutoring and classes provider.
Nerdy Inc. (NRDY) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 1, 2026, Kyle Callaway notified Nerdy Inc. (the “Company”) of his decision to resign from his position as the
Nerdy Inc. (NRDY) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 20, 2026, John Paszterko, our Chief Operating Officer, was notified of the Company’s decision to end his service
Nerdy Inc. (NRDY) filed an SEC Form 8-K — Submission of Matters to a Vote of Security Holders. Exhibit 99.1 Nerdy Inc. Announces 1-For-15 Reverse Stock Split Company Expected to Regain Compliance with the NYSE’s Minimum Share Price Requirement Trading on Split-Adjusted Basis Expected to Begin on August 19, 2026 ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading
Nerdy, the parent of Varsity Tutors, said in a shareholder letter that Varsity Tutors for Schools will be wound down and services will be discontinued effective immediately, citing districts’ reduced federal relief spending and a focus on its parent- and college-focused tutoring model. Experts at Stanford and others said evidence of student gains was insufficient. A cited 2022 study reported i-Ready score gains of 9.82 vs 4.52 points.
Nerdy (NYSE:NRDY) reported Q2 gross margin of 64.7%, up 320 bps year over year. Net loss narrowed to $6.9 million, and non-GAAP adjusted EBITDA loss fell 68% to $0.9 million. Free cash flow was negative $6.3 million. The company plans to shut VT4S and exit First Tutors, cutting fixed costs by about $11 million and reducing 2026 revenue guidance to $168 million to $175 million.
Nerdy Inc. (NRDY) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Q2 I 2026 Shareholder Letter The Learning Experience Q2 2026 EARNINGS RELEASE 0 2 In this release 01 A Note to Our Shareholders 03 02 Second Quarter Financial Highlights 06 03 Second Quarter 2026 Key Results 07 04 Third Quarter and Full Year 2026 Outlook 08 05 Financ
