05:44 AM EDT, 07/26/2024 (MT Newswires) -- Coursera ( COUR ) reported Q2 non-GAAP earnings Thursday of $0.09 per diluted share, compared with a breakeven a year earlier.

Analysts polled by Capital IQ expected non-GAAP earnings per share of $0.02.

Revenue for the quarter ended June 30 was $170.3 million compared with $153.7 million a year earlier.

Analysts polled by Capital IQ expected $164.6 million.

The company said it expects Q3 revenue of $171 million to $175 million. Analysts polled by Capital IQ expect $173.9 million.

For the full year, Coursera ( COUR ) reiterated its revenue outlook of $695 million to $705 million. Analysts polled by Capital IQ expect $699.5 million.

Shares of Coursera ( COUR ) were up over 20% premarket Friday.

Price: 8.90, Change: +1.49, Percent Change: +20.11