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.

2U (TWOU) reported earnings on Tue 30 July 2019 (a/h)

** charts after earnings **

 

2U misses by $0.08, beats on revs; guides Q3 EPS below consensus, revs in-line; guides FY19 EPS below consensus, revs in-line

Reports Q2 (Jun) loss of $0.43 per share, excluding non-recurring items, $0.08 worse than the S&P Capital IQ Consensus of ($0.35); revenues rose 39.1% year/year to $135.5 mln vs the $124.38 mln S&P Capital IQ Consensus.

Co issues guidancefor Q3, sees EPS of ($0.53)-($0.49), excluding non-recurring items, vs. ($0.09) S&P Capital IQ Consensus; sees Q3 revs of $147.6-152.6 mln vs. $137.70 mln S&P Capital IQ Consensus.

Co issues guidancefor FY19, sees EPS of ($1.25)-($1.16), excluding non-recurring items, vs. ($0.32) S&P Capital IQ Consensus; sees FY19 revs of $565.7-575.7 mln vs. $533.23 mln S&P Capital IQ Consensus.

2U (TWOU) began trading on the NASDAQ on 28 March 2014

2U (NASDAQ: TWOU) is a provider of an SaaS cloud-based platform allowing non-profit colleges and universities to offer online programs.

The company initially planned to offer 9.2 million shares at a price range of $11 to $13 per share. Shares opened at $13.00 before rising to $14.34, cooling down a bit and finding some support around $14.00.

Description

2U, Inc. is a provider of cloud-based software-as-a-service (SaaS) solutions. Its solutions consist of cloud-based SaaS platform and bundled technology-enabled services. The Company’s solutions enable nonprofit colleges and universities to deliver their education to students anywhere. Its online learning platform and bundled technology-enabled services provide the operating infrastructure colleges and universities need to attract, enroll, educate, support and graduate their students. The Company’s clients use its platform to offer full graduate degree programs online. As of March 17, 2014, eight nonprofit colleges and universities offered graduate degrees through its platform, including the University of Southern California, Georgetown University, the University of North Carolina at Chapel Hill and the University of California, Berkeley. As of December 31, 2013, a total of 8,540 individuals had enrolled as students in its clients' programs.

Address

SUITE 110, 8201 CORPORATE DRIV
LANDOVER, MD 20785
United States

Website 

http://2u.com