2U, Inc. Beats Expectations, Accelerates Program Launches (Again)
2U Inc. (NASDAQ: TWOU) announced third-quarter 2017 results on Tuesday after the market closed, detailing continued strong revenue growth, a narrower-than-expected net loss, and the expansion of its scope with the close of a key acquisition. 2U also accelerated its domestic program launch (DGP) schedule, offered encouraging preliminary guidance for the coming year, and unveiled plans for its first international program launch in 2019.
Let's pull out our notebooks, then, to better understand what drove 2U's business over the past few months, and what investors can expect from the fast-growing online education platform specialist going forward.
Image source: Getty Images.
Source: Fool.com
2U Inc. Stock
€0.21
-1.770%
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