2u (TWOU) Misses Q2 EPS by 13c
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2U Reports Results for Second Quarter 2021
July 29, 2021 4:01 PM EDTLANHAM, Md., July 29, 2021 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today reported financial and operating results for the quarter ended June 30, 2021.
Results for Second Quarter 2021 Compared to Second Quarter 2020
Revenue increased 30% to $237.2 million Degree Program Segment revenue increased 26% to $146.2 million Alternative Credential Segment revenue increased 36% to $91.0 million Net loss improved $44.3 million to $21.8 million, or $0.29 per shareNon-GAAP Results for Second Quarter 2021 Compared to Second Quarter 2020
Adjusted EBITDA improved $19.2 million to... More