2U, Inc. Reports Results for Second Quarter 2020
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2u (TWOU) Tops Q2 EPS by 5c, Revenues Beat
July 30, 2020 4:05 PM EDT2u (NASDAQ: TWOU) reported Q2 EPS of ($0.34), $0.05 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $182.7 million versus the consensus estimate of $174.56 million.
Results for Second Quarter 2020 Compared to Second Quarter 2019
Revenue increased 35% to $182.7 millionGraduate Program Segment revenue increased 14% to $115.7 millionAlternative Credential Segment revenue increased 97% to $67.0 million, including $36.6 million in revenue from... More