2u (TWOU) Misses Q1 EPS by 3c, Offers Guidance
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2U Reports Strong Results for First Quarter 2023
April 26, 2023 4:01 PM EDTLANHAM, Md., April 26, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended March 31, 2023.
Results for First Quarter 2023 compared to First Quarter 2022
Revenue decreased 6% to $238.5 millionDegree Program Segment revenue decreased 9% to $140.5 millionAlternative Credential Segment revenue decreased 1% to $98.0 millionNet loss improved 57% to $54.1... More