2u (TWOU) Tops Q1 EPS by 10c, Revenues Beat
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2U, Inc. Reports Results for First Quarter 2020
April 30, 2020 4:01 PM EDTLANHAM, Md., April 30, 2020 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today reported financial and operating results for the first quarter ended March 31, 2020.
Results for First Quarter 2020 Compared to First Quarter 2019
Revenue increased 44% to $175.5 million Graduate Program Segment revenue increased 14% to $118.5 million Alternative Credential Segment revenue increased 216% to $57.0 million, including $35.4 million in revenue from Trilogy, acquired in May 2019 Net loss increased $38.6 million to $60.1 million, or $(0.94) per shareNon-GAAP Results for First Quarter 2020 Compared to First... More
