Pat Molly's questions to Coursera Inc (COUR) leadership • Q4 2024
Question
Pat Molly inquired about performance trends in Coursera's Enterprise segment, specifically asking for areas of strength and weakness across the business, campus, and government verticals. She also asked for the rationale behind the strategic shift for the Degrees segment, which was previously seen as a core growth engine.
Answer
CEO Jeff Maggioncalda identified weakness in government workforce programs and in Coursera for Campus when not used for credit, citing transitory budgets and lower student adoption. He noted strength in Coursera for Business in North America, driven by AI upskilling demand. Regarding the Degrees segment, Maggioncalda explained the focus is shifting to a more scalable model that integrates open content for credit, creating synergy with Coursera for Campus. CFO Kenneth Hahn added that for 2025, Coursera for Campus is expected to be the fastest-growing enterprise vertical.