2u (TWOU) Tops Q3 EPS by 3c; Guides FY16 Above Views

2u (NASDAQ: TWOU) reported Q3 EPS of ($0.06), $0.03 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $52 million versus the consensus estimate of $50.27 million.

GUIDANCE:

2u sees Q4 2016 EPS of $0.02-$0.03, versus the consensus of $0.02. 2u sees Q4 2016 revenue of $56-56.4 million, versus the consensus of $56.6 million.

2u sees FY2016 EPS of ($0.13)-($0.12), versus the consensus of ($0.16). 2u sees FY2016 revenue of $204.5-204.9 million, versus the consensus of $202.39 million.

For earnings history and earnings-related data on 2u (TWOU) click here.

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