Program Segment To Degree News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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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 Results for Full-Year 2020 Compared to Full-Year 2019
Adjusted EBITDA improved by $40.0 million to $16.1 million
Adjusted net loss improved by $8.1 million to $63.7 million, or $0.97 per share
Results for Fourth Quarter 2020 Compared to Fourth Quarter 2019 ....

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