Nerdy, Inc. (NYSE:NRDY) Q4 2024 Results Conference Call February 27, 2025 5:00 PM ET
Company Participants
T.J. Lynn – Associate General Counsel
Chuck Cohn – Founder, Chairman and Chief Executive Officer
Jason Pello – Chief Financial Officer
Conference Call Participants
Ross Sandler – Barclays
Yi Fu Lee – Cantor Fitzgerald
Ross Sandler – Barclays
T.J. Lynn
Good afternoon, and thank you for joining us for Nerdy’s Fourth Quarter 2024 Earnings Call. With me are Chuck Cohn, Founder, Chairman and Chief Executive Officer of Nerdy; and Jason Pello, Chief Financial Officer.
Before I turn the call over to Chuck, I’ll remind everyone that, this discussion will contain forward-looking statements, including, but not limited to, expectations with respect to Nerdy’s future financial and operating results, strategy, opportunities, plans and outlook. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results.
Any forward-looking statements are made as of today’s date, and Nerdy does not undertake or accept any obligation to publicly release any updates or revisions to any forward-looking statements to reflect any change in expectations or any change in events, conditions or circumstances, on which any such statement is based. Please refer to the disclaimers in today’s shareholder letter announcing Nerdy’s fourth quarter results and the company’s filings with the SEC for a discussion of the risks. Not all of the financial measures that we will discuss today are prepared in accordance with GAAP. Please refer to today’s shareholder letter for reconciliations of these non-GAAP measures.
With that, let me turn the call over to Chuck.
Chuck Cohn
Thanks, T.J., and thank you to everyone for joining us today. In 2024, we unified our consumer and institutional offerings, improved our marketplace technology, and enhanced our all access subscription offerings. We had a strong fourth quarter, where we delivered both revenue and
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