2u (TWOU) Tops Q1 EPS by 2c; Guides FY15

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Go back to 2u (TWOU) Tops Q1 EPS by 2c; Guides FY15

2U, Inc. Reports First Quarter 2015 Financial Results

May 7, 2015 4:01 PM EDT

LANDOVER, Md., May 7, 2015 /PRNewswire/ -- 2U, Inc. (NASDAQ: TWOU), a leading provider of cloud-based software-as-a-service technology fused with technology-enabled services that enables leading nonprofit colleges and universities to deliver their high-quality degree programs online, today reported financial and operating results for the quarter ended March 31, 2015. 

First Quarter 2015 Results

Revenue was $34.6 million, an increase of 31 percent from $26.3 million in the first quarter of 2014. Net loss attributable to holders of common stock was $(5.5) million, or $(0.13) per share, compared to $(7.1) million, or $(0.93) per share, in the first quarter of... More