NRDY Q2 2023 Earnings — Nerdy, Inc. Revenue & Financial Results | Market Cap Arena

NRDYNerdy, Inc.

$117M

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$49M+15.8% YoY

Gross Profit

$34M69.8% margin

Operating Income

-$10M-21.4% margin

Net Income

-$3M-6.8% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

-0.7%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$6M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$124M

Total Liabilities

$59M

Stockholders' Equity

$39M

Cash & Equivalents

$91M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$49M	$42M	+15.8%
Gross Profit	$34M	$29M	+18.6%
Operating Income	-$10M	-$22M	+52.4%
Net Income	-$3M	$9M	-137.9%