2U, Inc. Stock Price, News & Analysis

2U, Inc. (Nasdaq: TWOU) will report its Q2 2022 financial results on Thursday, July 28, 2022. The call will be led by CEO Christopher Paucek and CFO Paul Lalljie at 4:30 p.m. ET. Investors can listen via a live webcast or by dialing into the conference call, with details available on the company's Investor Relations site. 2U, known for its partnership with non-profit institutions, provides online education globally and has reached over 44 million learners through collaborations with more than 230 educational partners.

edX, a global online learning platform from 2U (Nasdaq: TWOU), has launched two Spark Augmented Reality (AR) courses in partnership with Meta. The courses aim to prepare learners for careers in AR, offering free-to-audit options for over 44 million users. The first two courses, 'Getting Started with Spark AR' and 'Creating and Designing with Spark AR,' focus on AR design principles and skills. Meta will provide vouchers for the Spark AR Certification exam to the first 200 learners who complete the program. This collaboration seeks to enhance educational access within the metaverse.

edX, a part of 2U (TWOU), has partnered with Tulsa Community College (TCC) and Tulsa Innovation Labs (TIL) to launch a scholarship initiative for adult learners. This program offers no-cost, fully online cybersecurity and data analytics boot camps aimed at increasing technical talent in Tulsa, especially among women, BIPOC, and lower-income individuals. The scholarships, funded by the George Kaiser Family Foundation, will support over 200 learners in the next three years. Boot camp graduates can enhance their skills further through a collaboration with SkillStorm.

2U, Inc. (Nasdaq: TWOU) announced the formation of two university councils aimed at enhancing online education. The councils include the University Leadership Council (ULC) and the University Partner Advisory Council (UPAC), featuring leaders from over 230 partner institutions worldwide. These advisory councils aim to address emerging trends in online education and foster collaboration among universities. The initiative is part of 2U's strategy to provide high-quality, accessible learning experiences amid increasing demands for digital transformation in higher education.

edX, a global online learning platform from 2U (Nasdaq: TWOU), has partnered with the University of Maryland to launch a fully online Master of Professional Studies (MPS) in Product Management. This program, priced at approximately $25,000, is designed for working professionals and requires no face-to-face attendance. The initiative stems from the success of their previous Product Management Professional Certificate program, which attracted over 60,000 learners since its inception in May 2020. The MPS program is set to begin in August 2022, with applications open until July 29, 2022.

Elder Research and Statistics.com have partnered with edX to launch a unique series of Machine Learning Operations (MLOps) courses. This initiative is designed to meet the growing demand for training in AI Engineering and Machine Learning technologies. The program includes hands-on learning labs and covers topics like Predictive Analytics and deploying AI & ML models. Certifications will be awarded upon completion, and the courses support popular cloud platforms such as AWS, GCP, and Azure. This partnership aims to enhance the skills of learners in a rapidly evolving tech landscape.

2U, Inc. (TWOU) reported Q1 2022 results showing a 9% revenue increase to $253.3 million compared to Q1 2021, driven by gains in both the Degree Program and Alternative Credential segments. However, the net loss rose to $125.8 million, or $1.65 per share, up $80.2 million from the previous year. Adjusted EBITDA decreased slightly to $12.3 million. The company affirmed its 2022 revenue guidance of $1.05 billion to $1.09 billion, and adjusted EBITDA guidance increased to between $80 million and $90 million.

2U, Inc. (Nasdaq: TWOU) has rescheduled its first-quarter 2022 earnings release and conference call to May 5, 2022, five days earlier than initially planned. CEO Christopher Paucek and CFO Paul Lalljie will host a conference call at 4:30 p.m. ET to discuss results. Investors can access the live webcast at investor.2u.com. 2U has partnered with over 230 institutions, providing education to over 42 million learners globally through more than 3,600 digital offerings.

edX has announced the selection of 10 partner proposals to receive grants totaling $1 million for developing courses focused on Essential Human Skills necessary for today's virtual and hybrid work environment. This initiative follows 2U's acquisition of edX and aims to boost access to quality education by offering free audit tracks for all courses. The proposals received nearly 100 submissions from partners globally, emphasizing the community's commitment to enhancing educational experiences. Courses will be available as early as summer 2022.