2U, Inc. Reports Results for Full-Year and Fourth Quarter 2020
Share this article LANHAM, Md., Feb. 11, 2021 /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, 2020. Results for Full-Year 2020 Compared to Full-Year 2019 Revenue increased 35% to $774.5 million Degree Program Segment revenue increased 17% to $486.7 million Alternative Credential Segment revenue increased 83% to $287.8 million Net loss improved $18.7 million to $216.5 million, or $3.22 per share Total cash balance increased to $518.9 million Non-GAAP R...
Source: prnewswire.com