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nerdy NEWS RELEASE Nerdy Announces Strong Second Quarter 2021 Financial Results 8/11/2021 ( August 11 , 2021 ) - Nerdy ( NYSE : PACE ) today announced financial results for the second quarter ended June 30 , 2021 . " Nerdy's operating and financial results exceeded our targets in Q2 , including both revenue and gross profit growth over 50 % , driven by several factors including year - over - year Active Learner growth , subject expansion into areas like Professional and Learning Differences , and expansion into new formats beyond one - on - one instruction such as small group classes , " said Chuck Cohn , Founder , Chairman and Chief Executive Officer of Nerdy . " We're well positioned to help schools and students with a multi - format approach that supports personalized learning , regardless of the uncertain environment surrounding the new school year . " Q2 2021 and Year - to - Date highlights • Revenue Growth Momentum - Second quarter revenue of $ 32.8 million grew 52 % year - over - year , coming in more than $ 4.5 million ahead of forecast . Year - to - date revenue of $ 67.4 million increased $ 22.8 million and 51 % year - over - year . • Marketplace Dynamics - Nerdy's Active Learners increased 80 % , Online Sessions grew 109 % , and Sessions Taught per Active Expert increased 31 % year - over - year in the second quarter . Year - to - date Active Learners increased 67 % , Online Sessions grew 142 % , and Sessions Taught per Active Expert increased 59 % year - over- year . • Gross Profit - Gross profit of $ 21.3 million increased by $ 7.2 million and 51 % year - over - year during the three months ended June 30 , 2021. Year - to - date gross profit of $ 44.6 million increased $ 16.1 million and 56 % year- over - year . 1