Nerdy INC

Nerdy Inc. announced Q2 2026 results, reporting $43.3 million in revenue and a narrowed net loss, while strategically exiting two business segments to concentrate on its core consumer learning platform.

Nerdy Inc. announced the wind-down of its Varsity Tutors for Schools offering to concentrate on its core Consumer business, estimating exit costs between $2 million and $4 million.

Nerdy Inc. announced the appointment of Kyle Callaway as Chief Accounting Officer, effective July 10, 2026, promoting from within to fill the key financial role.

Nerdy Inc. has entered into a consulting and separation agreement with former CFO Jason Pello, effective through October 2026.

Nerdy Inc. announced the results of its 2026 Annual Meeting, including the election of two Class II directors and the ratification of its independent auditor.

Nerdy Inc. has appointed former JLL and Amazon executive Atul Bagga as its new Chief Financial Officer, effective April 6, 2026.

Nerdy Inc. announced its second-quarter 2026 financial results, showing a decrease in revenue and an increase in operating loss, alongside strategic decisions to wind down certain business operations.

Nerdy Inc. reported a reduced net loss of $18.76 million in Q3 2025, despite a 1% revenue dip, and secured a $20 million term loan to bolster liquidity while addressing operational challenges.

Nerdy Inc. reported a revenue decrease for Q2 2025 and the first half of 2025, alongside continued net losses, despite significant cost reduction efforts and improved average revenue per member.

Nerdy Inc.'s Q1 2025 revenue decreased compared to the prior year, driven by lower Learning Memberships and Institutional revenue, though partially offset by higher average revenue per member.

Nerdy Inc.'s third-quarter 2024 results show a slight revenue decrease compared to the previous year, primarily due to a change in the mix of learning memberships.

Nerdy Inc. saw a 4% increase in revenue year-over-year in Q2 2024, driven by growth in both its Consumer and Institutional businesses, despite a decrease in gross margin.

Nerdy Inc. reported a 6% decrease in 2025 revenue to $178.99 million, driven by lower Institutional revenue and a non-recurring state-funded program, despite growth in Consumer Learning Memberships and strategic AI investments.

Nerdy Inc.'s 2024 10-K filing reveals a company navigating the evolving online learning market with a focus on subscriptions, institutional partnerships, and AI integration, while addressing risks related to profitability, competition, and regulation.

Nerdy Inc.'s 2023 10-K filing highlights a year of strategic shifts, including a focus on subscription-based learning memberships and expansion of institutional offerings, alongside financial results reflecting both growth and ongoing losses.

Atul Madan Mohan Bagga, Chief Financial Officer of Nerdy Inc., sold 36,426 shares of common stock on July 16, 2026 for $0.83 per share.

John Andrew Paszterko, Chief Operating Officer of Nerdy Inc., sold 31,034 shares of common stock on July 16, 2026 for $0.83 per share.

Kyle Callaway, Chief Accounting Officer of Nerdy Inc., sold 13,377 shares of common stock on July 16, 2026 for $0.83 per share.

Christopher C. Swenson, Chief Legal Officer of Nerdy Inc., sold 22,707 shares of common stock on July 16, 2026 for $0.83 per share.

Christopher C. Swenson, Chief Legal Officer of Nerdy Inc., received 600,000 shares of common stock on July 15, 2026.

John Andrew Paszterko, Chief Operating Officer of Nerdy Inc., received 600,000 shares of common stock on July 15, 2026.

Nerdy Inc. is seeking stockholder approval for a reverse stock split to regain compliance with NYSE minimum bid price requirements.

Nerdy Inc. announces its 2025 Annual Meeting of Stockholders, scheduled for April 29, 2025, to elect directors and ratify the appointment of its accounting firm.

Nerdy Inc. will hold its 2024 Annual Meeting of Stockholders virtually on May 1, 2024, to elect directors and ratify the appointment of its independent auditor.

Charles and Allison Cohn jointly file Amendment No. 9 to Schedule 13D, detailing beneficial ownership of Nerdy Inc. Class A Common Stock and recent transactions.

Nerdy Inc. Chairman and CEO Charles Cohn and Allison Cohn have increased their beneficial ownership in the company through recent open market purchases, now holding 48.7% and 9.8% respectively.

Nerdy Inc.'s CEO and Chairman, Charles Cohn, along with his spouse Allison Cohn, have significantly increased their beneficial ownership in the company through recent open market purchases.

TPG GP A, LLC, James G. Coulter, and Jon Winkelried have filed an Amendment No. 4 to Schedule 13G, indicating they no longer beneficially own any Class A Common Stock of Nerdy Inc., reporting 0% ownership as of December 31, 2024.