2u (TWOU) Reports In-Line Q1 EPS, Offers Q2 and FY Guidance
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2U, Inc. Reports First Quarter 2017 Financial Results
May 4, 2017 4:08 PM EDTLANHAM, Md., May 4, 2017 /PRNewswire/ --Â 2U, Inc. (NASDAQ: TWOU), today reported financial and operating results for the first quarter ended March 31, 2017.Â
First Quarter 2017 Results
Revenue was $64.8 million, an increase of 37 percent from $47.4 million in the first quarter of 2016. Net loss was $(3.4) million, or $(0.07) per share, compared to $(3.4) million, or $(0.07) per share, in the first quarter of 2016. Adjusted net income was $0.5 million, or $0.01 per share compared to an adjusted net income of $0.2 million, or $0.00 per share, in the first quarter of 2016. Adjusted... More