Brief: 2U Reports Results For Full-Year And Fourth Quarter 2021

2U

09/02/2022 21:30

Feb 9 (Reuters) - 2U Inc  TWOU.O :
    * 2U REPORTS RESULTS FOR FULL-YEAR AND FOURTH QUARTER 2021
    * Q4 REVENUE ROSE 13 PERCENT TO $243.6 MILLION
    * SEES FY REVENUE UP 13 PERCENT
    * SEES FY REVENUE $1.05 BILLION TO $1.09 BILLION
    * QTRLY NET LOSS INCREASED $29.6 MILLION TO $67.3 MILLION,
OR
$0.89 PER SHARE
    * QTRLY NET LOSS $0.89 PER SHARE
    * SEES FY NET LOSS TO RANGE FROM $235 MILLION TO $215
MILLION
    * QTRLY ADJUSTED LOSS PER SHARE $0.20
    * Q4 EARNINGS PER SHARE VIEW $-0.25, REVENUE VIEW $243.0
MILLION
-- REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $1.11 BILLION -- REFINITIV IBES DATA

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