TWOU - Earnings announcements

LANHAM, Md., May 2, 2024 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended March 31, 2024. "With our leading position in the education industry, 2U has a significant opportunity to respond to and support the current technology moment, where advances in generative AI are driving strong demand for workforce development," said Paul Lalljie, Chief Executive Officer of 2U. "In order to make the most of this opportunity, we are focused on ensuring that we have the right operating model, an effective and efficient organization and cost structure, the right products, and a balance sheet that provi

LANHAM, Md., April 23, 2024 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its first quarter 2024 financial and operational results on Thursday, May 2, 2024. Paul Lalljie, Chief Executive Officer, and Matthew Norden, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To pre-register, click here. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone from the U.S., dial 1-888-330-2446 (toll-free), or from outside the U.S., dial 1-240-789-2732 (toll), and provide conference ID number 1153388. A recording of the webcast will be posted to 2U's Investor Relations

LANHAM, Md., Feb. 12, 2024 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU), a leading online education platform company, today reported financial and operating results for the quarter and full-year ended December 31, 2023. "I am proud to lead 2U through the next chapter of its journey," said Paul Lalljie, Chief Executive Officer of 2U. "We finished the year with strong performance, particularly in our executive education business, and a new organizational structure designed to enhance transparency and alignment across the company. We are resetting and enhancing our operations with renewed financial discipline. Looking ahead, we believe this renewed focus, along with our market-proven offerings, robus

LANHAM, Md., Feb. 1, 2024 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its fourth quarter and full year 2023 financial and operational results on Monday, February 12, 2024. Paul Lalljie, Chief Executive Officer, and Matthew Norden, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To pre-register, click here. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone from the U.S., dial 1-888-330-2446 (toll-free), or from outside the U.S., dial 1-240-789-2732 (toll), and provide conference ID number 1153388. A recording of the webcast will be posted to 2U's I

LANHAM, Md., Aug. 8, 2023 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU), the company behind global online learning platform edX, today reported financial and operating results for the quarter ended June 30, 2023. Results for Second Quarter 2023 compared to Second Quarter 2022 Revenue decreased 8% to $222.1 millionDegree Program Segment revenue decreased 16% to $119.5 millionAlternative Credential Segment revenue increased 4% to $102.6 millionNet loss was $173.7 million, or $2.16 per share, and includes non-cash impairment charges of $134.1 millionNon-GAAP Results for Second Quarter 2023 compared to Second Quarter 2022 Adjusted EBITDA was flat at $21.8 million; a margin of 10%Adjusted net loss incre

LANHAM, Md., July 27, 2023 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its second quarter 2023 financial and operational results on Tuesday, August 8, 2023. Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To pre-register, click here. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone from the U.S., dial 1 (888) 330-2446, or from outside the U.S., dial 1 (240) 789-2732 (toll), and provide conference ID number 1153388. A recording of the webcast will be posted to 2U'

LANHAM, 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 million, or $0.68 per shareCash provided by operating activities on a trailing twelve month basis increased to $38.5 millionNon-GAAP Results for First Quarter 2023 compared to First Quarter 2022 Adjusted EBITDA increased 146% to $30.2 million

LANHAM, Md., April 20, 2023 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its first quarter 2023 financial and operational results on Wednesday, April 26, 2023. Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To pre-register, click here. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone from the U.S., dial 1-888-330-2446 (toll free), or from outside t

LANHAM, Md., Feb. 2, 2023 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU), a leading online education platform company, today reported financial and operating results for the quarter and full-year ended December 31, 2022. Results for Fourth Quarter 2022 compared to Fourth Quarter 2021 Revenue decreased 3% to $236.0 millionDegree Program Segment revenue decreased 10% to $137.1 millionAlternative Credential Segment revenue increased 8% to $98.9 millionNet loss decreased 82% to $11.8 million, or $0.15 per shareNon-GAAP Results for Fourth Quarter 2022 compared to Fourth Quarter 2021 Adjusted EBITDA increased 178% to $58.4 million; a margin of 25%Adjusted net income increased 225% to $18.5 million, or $0.

LANHAM, Md., Jan. 26, 2023 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its fourth quarter and full year 2022 financial and operational results on Thursday, February 2, 2023. Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To pre-register, click here. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone from the U.S., dial 1-888-330-2446 (toll free), or from outside the U.S., dial 1-240-789-2732 (toll), and provide conference ID number 1153388. A recording of the webc

Completes Strategic Realignment Expects to Reduce Annual Operating Expense by $70 Million Increases 2022 Adjusted EBITDA Guidance LANHAM, Md., Nov. 7, 2022 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended September 30, 2022. Results for Third Quarter 2022 compared to Third Quarter 2021 Revenue of $232.2 million was flatDegree Program Segment revenue decreased 7% to $137.2 millionAlternative Credential Segment revenue increased 12% to $95.0 millionNet loss was $121.7 million, or $1.57 per share and includes non-cash impairment charges of $79.5 millionNon-GAAP Results for Third Quarter 202

LANHAM, Md., Oct. 26, 2022 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its third quarter 2022 financial and operational results on Monday, November 7, 2022. Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone in the U.S., dial 1-888-330-2446, or outside of the U.S., dial 1-240-789-2732, and provide the conference ID number 1153388. A recording of the webcast will be posted to 2U's Investor Relations site as soon as it

Implements Plan to Accelerate Platform Strategy and Deliver Sustainable Profitability Expects Increased Marketing Efficiency and an Additional $70 Million in Annual Operating Expense Savings LANHAM, Md., July 28, 2022 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended June 30, 2022. The company also announced a realignment of its operations to accelerate its platform strategy and drive sustainable profitability and free cash flow. As part of this plan, the company implemented a new marketing framework, resulting in lower marketing spend late in the second quarter, which impacted results in

LANHAM, Md., July 21, 2022 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its second quarter 2022 financial and operational results on Thursday, July 28, 2022. Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone in the U.S., dial 1-888-330-2446, or outside of the U.S., dial 1-240-789-2732, and provide the conference ID number 1153388. A recording of the webcast will be posted to 2U's Investor Relations site as soon as it

LANHAM, Md., May 5, 2022 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended March 31, 2022. Results for First Quarter 2022 Compared to First Quarter 2021 Revenue increased 9% to $253.3 millionDegree Program Segment revenue increased 6% to $154.2 millionAlternative Credential Segment revenue increased 15% to $99.1 millionNet loss increased $80.2 million to $125.8 million, or $1.65 per shareNon-GAAP Results for First Quarter 2022 Compared to First Quarter 2021 Adjusted EBITDA decreased $1.5 million to $12.3 millionAdjusted net loss increased $9.9 million to $18.5 million, or $0.24 per share"T

LANHAM, Md., May 4, 2022 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it is changing its earnings release and conference call date for the first quarter of 2022 to Thursday, May 5, 2022, five days earlier than originally scheduled. Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone in the U.S., dial 1-833-921-1673, or outside of the U.S., dial 1-236-389-2670, and provide the conference ID number 7559117. A recording of the webcast wi

LANHAM, Md., April 28, 2022 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its first quarter 2022 financial and operational results on Tuesday, May 10, 2022. Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone in the U.S., dial 1-833-921-1673, or outside of the U.S., dial 1-236-389-2670, and provide the conference ID number 7559117. A recording of the webcast will be posted to 2U's Investor Relations site as soon as it is

LANHAM, 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 million to $47.6 million, or $0.64

LANHAM, Md., Jan. 25, 2022 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its fourth quarter and full year 2021 financial and operational results on Wednesday, February 9, 2022. Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone in the U.S., dial 1-833-921-1673, or outside of the U.S., dial 1-236-389-2670,

LANHAM, 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 million Adjusted net loss increased $0.9 million to $17.5 million, or $0.23 per sha

LANHAM, Md., Oct. 25, 2021 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its third quarter 2021 financial results on Tuesday, November 9, 2021. Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone in the U.S., dial 1-833-921-1673, or outside of the U.S., dial 1-236-389-2670, and provide the conference ID number 9368677. A recording of the webcast will be posted to 2U's Investor Relations site as soon as it is available. A

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 shareNon-GAAP Results for Second Quarter 2021 Compared to Second Quarter 2020 Adjusted EBITDA improved $19.2 million to $17.1 million Adjusted net loss improved $15.0 million to $6.8 million, or $0.09 per sha

LANHAM, Md., July 22, 2021 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its second quarter 2021 financial results on Thursday, July 29, 2021. Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone in the U.S., dial 1-833-921-1673, or outside of the U.S., dial 1-236-389-2670, and provide the conference ID number 6028435. A recording of the webcast will be posted to 2U's Investor Relations site as soon as it is available. Ab