Last Price$33.13NASDAQ Previous Close - Last Trade as of 1:00PM ET 11/27/20

Today's Change-0.12(0.36%)
Bid (Size)$32.62 (25)
Ask (Size)$33.50 (1)
Day Low / High$32.61 - 33.93
Volume584.5 K

2U Q3 Adjusted Loss Narrower Than Expected, Revenue Exceeds Estimates

4:16PM ET 10/27/2020 MT Newswires
2U (TWOU) on Tuesday reported a Q3 adjusted loss of $0.24, narrower than a $0.41 loss in the prior-year quarter.

That was narrower than the $0.25 loss consensus estimate of analysts polled by Capital IQ.

GAAP loss narrowed to $0.77 from $2.23.

Revenue increased to $201.1 million from $153.8 million, exceeding analysts' estimate of $188.6 million.

The company expects full-year 2020 revenue of $760 million to $775 million, versus the Street view of $743.5 million.

Price: 36.88, Change: -0.46, Percent Change: -1.23