2u (TWOU) Tops Q4 EPS by 5c
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2U Reports Results for Full-Year and Fourth Quarter 2021
February 9, 2022 4:01 PM ESTLANHAM, Md., Feb. 9, 2022 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today reported financial and operating results for the full-year and fourth quarter ended December 31, 2021.
Results for Full-Year 2021 Compared to Full-Year 2020
Revenue increased 22% to $945.7 million Degree Program Segment revenue increased 22% to $592.3 million Alternative Credential Segment revenue increased 23% to $353.4 million Net loss improved $21.7 million to $194.8 million, or $2.61 per shareNon-GAAP Results for Full-Year 2021 Compared to Full-Year 2020
Adjusted EBITDA improved $50.5 million to $66.6 million Adjusted net loss improved $16.1... More