05:27 PM EDT, 04/29/2024 (MT Newswires) -- Coursera ( COUR ) reported Q1 non-GAAP EPS late Monday of $0.07, swinging from a loss of $0.03 a year earlier.

Analysts surveyed by Capital IQ expected EPS of $0.01.

Revenue for the quarter ended March 31 was $169.1 million, up from $147.6 million a year earlier. Analysts surveyed by Capital IQ expected $170.4 million.

The company said it expects Q2 revenue of $162 million to $166 million. Analysts in a Capital IQ poll expect $177.8 million.

For full year 2024, it expects revenue of $695 million to $705 million. Analysts expect $736.5 million.

Coursera ( COUR ) shares tumbled more than 14% in after-hours activity.

Price: 10.15, Change: -1.74, Percent Change: -14.63