NRDY Q1 2023 Earnings — Nerdy, Inc. Revenue & Financial Results | Market Cap Arena

NRDYNerdy, Inc.

$117M

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$49M+4.8% YoY

Gross Profit

$34M68.9% margin

Operating Income

-$11M-23.1% margin

Net Income

-$19M-38.5% margin

EPS (Diluted)

$-0.35

QoQ Revenue Growth

+17.6%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$6M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$132M

Total Liabilities

$71M

Stockholders' Equity

$35M

Cash & Equivalents

$97M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$49M	$47M	+4.8%
Gross Profit	$34M	$33M	+3.4%
Operating Income	-$11M	-$21M	+45.0%
Net Income	-$19M	-$17M	-12.4%