2u (TWOU) Misses Q2 EPS by 13c

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Go back to 2u (TWOU) Misses Q2 EPS by 13c

2U Reports Results for Second Quarter 2021

July 29, 2021 4:01 PM EDT

LANHAM, 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 share

Non-GAAP Results for Second Quarter 2021 Compared to Second Quarter 2020

Adjusted EBITDA improved $19.2 million to... More