Nerdy Analysts Cut Their Forecasts After Weak Forecast

  • By Grand News Network
  • |
  • November 8, 2023

Nerdy, Inc. (NYSE: NRDY) reported upbeat results for its third quarter, but issued a weak forecast.

Nerdy posted quarterly loss of 13 cents per share, compared to market expectations for a loss of 21 cents per share. The company’s quarterly sales came in at $40.30 million versus estimates of $39.04 million.

Nerdy said it sees fourth-quarter revenue of $54 million to $56M million versus analysts’ estimates of $60.92 million. The company ...

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