Nerdy, Inc. (NRDY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. Thank you for attending Nerdy's Q1 2026 earnings call. My name is Angela and I will be your moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity to ask question and answer at the end. I would now like to pass the conference over to your host, TJ Lin, Associate General Counsel of Nerdy. You may proceed. Good afternoon, and thank you for joining us for NERDI's first quarter 2026 earnings call. With me are Chuck Cohn, founder, chairman, and chief executive officer of NERDI, and Atul Baga, 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 NERDI'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 NERDI 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 NERDI's first quarter results and the company's filings with the SEC for 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. Thanks, TJ, and thank you to everyone for join...