2u (TWOU) Tops Q3 EPS by 2c
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2U Reports Results for Third Quarter 2021
November 9, 2021 4:01 PM ESTLANHAM, Md., Nov. 9, 2021 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today reported financial and operating results for the quarter ended September 30, 2021.
Results for Third Quarter 2021 Compared to Third Quarter 2020
Revenue increased 16% to $232.4 million Degree Program Segment revenue increased 21% to $147.8 million Alternative Credential Segment revenue increased 7% to $84.6 million Net loss increased $7.6 million to $60.1 million, or $0.80 per shareNon-GAAP Results for Third Quarter 2021 Compared to Third Quarter 2020
Adjusted EBITDA improved $11.0 million to $14.7... More