initial public offerings (IPOs) trading on American exchanges

Tuesday, November 12, 2019

2U (TWOU) reported earnings on Tue 12 Nov 19 (a/h)

** charts before earnings **


** charts after earnings **

2U beats by $0.09, beats on revs; guides FY19 revs above consensus

  • Reports Q3 (Sep) loss of $0.41 per share, $0.09 better than the S&P Capital IQ Consensus of ($0.50); revenues rose 43.7% year/year to $153.8 mln vs the $149.84 mln S&P Capital IQ Consensus.
  • Graduate Program Segment revenue increased 15% to $103.4 mln.
  • Co issues upside guidance for FY19, sees FY19 revs of $570-$575 mln vs. $569.19 mln S&P Capital IQ Consensus. Sees adjusted net loss of ($78.5)-($72.5) mln.
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