Coursera sees positive adjusted EBITDA in 2024

Coursera sees long term revenue growth 25%-30%. Sees long term gross margin 58%-63%. Sees long term adjusted EBITDA margin 15%-20%. "In 2024, we expect our Degrees segment revenue growth will accelerate to more than 25% year-over-year, reflecting strong enrollment trends in programs designed for working adults," said Ken Hahn, Coursera’s CFO. "We believe our differentiated business model, including multiple levers of growth with operational efficiencies, will allow us to achieve positive Adjusted EBITDA in 2024 while investing in our long-term strategy."