Brief: 2U Sees FY Revenue $925 Million To $955 Million

2U

29/07/2021 21:40

July 29 (Reuters) - 2U Inc  TWOU.O :
    * 2U REPORTS RESULTS FOR SECOND QUARTER 2021
    * SEES FY REVENUE $925 MILLION TO $955 MILLION
    * Q2 REVENUE $237.2 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$233.3 MILLION
    * FY2021 REVENUE VIEW $946.0 MILLION -- REFINITIV IBES DATA
    * QTRLY NET LOSS IMPROVED $44.3 MILLION TO $21.8 MILLION, OR
$0.29
PER SHARE
    * QTRLY ADJUSTED NET LOSS IMPROVED $15.0 MILLION TO $6.8
MILLION,
OR $0.09 PER SHARE
    * Q2 EARNINGS PER SHARE VIEW $-0.16 -- REFINITIV IBES DATA
    * REAFFIRMED FISCAL YEAR 2021 NET LOSS TO RANGE FROM $175.0
MILLION TO $165.0 MILLION

Source text for Eikon:  ID:nPn8MFWna 
Further company coverage:  TWOU.O 

 ((Reuters.Briefs@thomsonreuters.com;))