Brief: 2U, Inc. Reports Results For Full-Year And Fourth Quarter 2020

2U

11/02/2021 21:15

Feb 11 (Reuters) - 2U Inc  TWOU.O :
    * 2U, INC. REPORTS RESULTS FOR FULL-YEAR AND FOURTH QUARTER
2020
    * Q4 REVENUE $215.3 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$208.2 MILLION
    * SEES FY REVENUE $910 MILLION TO $945 MILLION
    * QTRLY NET LOSS $0.52 PER SHARE
    * QTRLY ADJUSTED NET LOSS IS $0.06 PER SHARE
    * SEES FY 2021 NET LOSS TO RANGE FROM $185.0 MILLION TO
$165.0
MILLION
    * HAS CHANGED NAME OF ITS GRADUATE PROGRAM SEGMENT TO DEGREE
PROGRAM SEGMENT BECAUSE SEGMENT NOW INCLUDES UNDERGRADUATE
DEGREE PROGRAMS
    * Q4 EARNINGS PER SHARE VIEW $-0.09 -- REFINITIV IBES DATA
    * FY2021 EARNINGS PER SHARE VIEW $-0.60, REVENUE VIEW $911.7
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn4Nhnm9a 
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