Previous close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.3500 |
Strike | 25.00 |
Expiry date | 2025-01-17 |
Day's range | 0.0100 - 0.0100 |
Contract range | N/A |
Volume | |
Open interest | 11 |
2U (TWOU) delivered earnings and revenue surprises of 35.29% and 1.56%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Online education platform, 2U (NASDAQ:TWOU) announced better-than-expected results in Q1 CY2024, with revenue down 16.8% year on year to $198.4 million. On the other hand, next quarter's revenue guidance of $192.5 million was less impressive, coming in 1.6% below analysts' estimates. It made a non-GAAP loss of $0.22 per share, down from its loss of $0.10 per share in the same quarter last year.
2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended March 31, 2024.