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Corporate Score 35 Bullish

Nerdy Appoints Atul Bagga as CFO, Eyes $180-$190 Million in 2026 Revenue

Apr 06, 2026 13:33 UTC
NRDY
Short term

Nerdy Inc. (NRDY) has named Atul Bagga as its new Chief Financial Officer, effective April 6, 2026, following the departure of Jason Pello. The company also outlined its financial projections for the upcoming fiscal year.

  • Atul Bagga appointed as CFO of Nerdy Inc. effective April 6, 2026.
  • Jason Pello's tenure as CFO ended on April 3, 2026.
  • Nerdy projects 2026 revenue of $180-$190 million.
  • Non-GAAP adjusted EBITDA expected to be approximately breakeven in 2026.
  • Company anticipates $40-45 million in cash by end of 2026, including $20 million from a new term loan.
  • Chuck Cohn emphasized progress in AI-native systems and adjusted EBITDA profitability in Q4 2025.

Nerdy Inc. (NRDY) has announced the appointment of Atul Bagga as its new Chief Financial Officer, effective April 6, 2026. Bagga, who previously served as CFO of JLL Technologies and Head of Global FP&A since June 2021, will oversee the company's global finance operations as it transitions into a new growth phase. Jason Pello, the former CFO, concluded his tenure on April 3, 2026. Chuck Cohn, Nerdy's Founder, Chairman, and CEO, highlighted the company's achievement of adjusted EBITDA profitability in the fourth quarter of 2025 and the advancement of its AI-native systems to drive faster execution and sustainable growth. The company projects full-year 2026 revenue in the range of $180-$190 million, with non-GAAP adjusted EBITDA expected to be approximately breakeven. Nerdy also anticipates ending 2026 with $40-45 million in cash, including the $20 million currently funded under a new term loan.

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