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2U Q3 2023 Earnings Report

2U EPS Results

Actual EPS
-$8.10
Consensus EPS
-$7.80
Beat/Miss
Missed by -$0.30
One Year Ago EPS
N/A

2U Revenue Results

Actual Revenue
$229.70 million
Expected Revenue
$226.34 million
Beat/Miss
Beat by +$3.36 million
YoY Revenue Growth
N/A

2U Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

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2U Earnings Headlines

2U to exit boot camps in favor of microcredentials
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This US Fighter Jet Soars at Mach 2.5
2U Announces Chief Executive Officer Transition
See More 2U Headlines
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About 2U

2U (NASDAQ:TWOU) operates as an online education platform company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs. This segment targets students seeking an undergraduate or graduate degree. The Alternative Credential segment offers online open courses, executive education programs, technical, skills-based boot camps, and micro-credential programs through nonprofit colleges and universities, and other organizations. This segment targets students seeking to reskill or upskill for career or personal development through shorter duration and lower-priced offerings. It provides a platform that provides technology and technology-enabled services; and edX.org, a marketplace that allows to access various catalog of online offerings, which include free offerings and graduate degrees. The company was formerly known as 2Tor Inc. and changed its name to 2U, Inc. in October 2012. 2U, Inc. was incorporated in 2008 and is headquartered in Lanham, Maryland.

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