Coursera stock rises on better-than-expected sales forecast


Shares of Coursera Inc. rose after hours on Thursday after the online education platform’s full-year sales forecast and first-quarter results came in above Wall Street’s expectations and the company announced a stock buyback. Coursera said it expected full-year sales of $600 million to $610 million, compared with FactSet estimates for $600.9 million. First-quarter net loss was $32.4 million, or 22 cents a share, compared with $38.3 million, or 27 cents a share, in the same quarter last year. Revenue was $147.6 million, compared with $120.4 million in the prior-year quarter. Analysts polled by FactSet expected revenue…

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