2u (TWOU) Tops Q2 EPS by 1c
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2U, Inc. Reports Second Quarter 2017 Financial Results
August 7, 2017 4:16 PM EDTLANHAM, Md., Aug. 7, 2017 /PRNewswire/ --Â 2U, Inc. (NASDAQ: TWOU), today reported financial and operating results for the second quarter ended June 30, 2017.Â
Second Quarter 2017 Results
Revenue was $65.0 million, an increase of 32% from $49.1 million in the second quarter of 2016. Net loss was $(11.8) million, or $(0.25) per share, compared to $(8.3) million, or $(0.18) per share, in the second quarter of 2016. Adjusted net loss was $(5.2) million, or $(0.11) per share compared to an adjusted net loss of $(4.4) million, or $(0.09) per share, in the second quarter of... More