2u (TWOU) Misses Q1 EPS by 3c, Offers Guidance

2u (NASDAQ: TWOU) reported Q1 EPS of ($0.10), $0.03 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $238.5 million versus the consensus estimate of $238.54 million.

GUIDANCE:

2u sees FY2023 revenue of $985-995 million, versus the consensus of $988 million.

• Net loss to range from $93 million to $87 million
• Adjusted EBITDA to range from $157 million to $163 million, representing growth of 28% at the midpoint

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

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• HeartCore Enterprises, Inc. (HTCR) Misses Q2 EPS by 185c
• SVB & T Corporation (SVBT) Tops Q2 EPS by 275c