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NRDY-News
NRDY-Events
Nerdy COO John Paszterko Terminated Immediately
According to a regulatory filing, on August 20, 2026, John Paszterko, Nerdy's Chief Operating Officer, was notified of the company's decision to end his service as Chief Operating Officer effective immediately.
Nerdy Trading Halted Due to Volatility Trading Pause
Nerdy trading halted, volatility trading pause
Nerdy Reports Q1 Revenue of $48.7M, Exceeding Expectations
Reports Q1 revenue $48.7M, consensus $47.3M. "In the first quarter, we exceeded the top end of our revenue guidance range and delivered positive non-GAAP adjusted EBITDA, both ahead of our guidance. Our non-GAAP adjusted EBITDA margin improved over 1,500 basis points year-over-year, reflecting the operating discipline and efficiency gains we've driven across every line of the P&L," said Chuck Cohn, Founder, Chairman and CEO of Nerdy. "We're building on this momentum in 2026 by improving our Learner and Expert experiences, growing our active member base, and delivering sustainable profitability."
Company Reaffirms 2026 Revenue Outlook of $180 to $190 Million
The company states: "We are reaffirming our full year 2026 outlook of $180 to $190 million in revenue and approximately breakeven non-GAAP adjusted EBITDA, with year-end cash of $40 to $45 million inclusive of the $20 million currently drawn on our term loan. We are introducing second quarter guidance of $42 to $44 million in revenue and non-GAAP adjusted EBITDA of negative $2 million to breakeven. A note on Q2. Two mechanical dynamics shape that range. First, beginning in Q2 we lap the price increases enacted in February 2025, which moderates year-over-year ARPM growth in the Consumer business. Second, the lag between bookings and revenue recognition in our Institutional business means that Q1 institutional weakness flows through to Q2 revenue. Both were anticipated, and both are reflected in the full-year range we are reaffirming today."
Nerdy Appoints Atul Bagga as CFO
Nerdy announced the appointment of Atul Bagga as Chief Financial Officer, effective April 6, 2026. In this role, Bagga will oversee Nerdy's global finance organization, including financial planning and analysis, accounting, tax, treasury, investor relations, and capital markets activities. Bagga joins Nerdy from JLL
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