2u (TWOU) Tops Q2 EPS by 5c

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Go back to 2u (TWOU) Tops Q2 EPS by 5c

2U, Inc. Reports Second Quarter 2015 Financial Results

August 6, 2015 4:15 PM EDT

LANDOVER, Md., Aug. 6, 2015 /PRNewswire/ -- 2U, Inc. (NASDAQ: TWOU), today reported financial and operating results for the quarter ended June 30, 2015. 2U is a leading provider of cloud-based software-as-a-service technology fused with technology-enabled services that enables leading nonprofit colleges and universities to deliver their high-quality degree programs online.

Second Quarter 2015 Results

Revenue was $35.2 million, an increase of 42 percent from $24.7 million in the second quarter of 2014. Net loss attributable to holders of common stock was $(9.6) million, or $(0.23) per share, compared to $(10.6) million, or $(0.27) per share, in the second quarter of... More