2U, Inc. Stock Price, News & Analysis

2U, Inc. (Nasdaq: TWOU), a leader in education technology, will participate in the Needham Technology & Media Conference on May 18, 2021, at 2:15pm ET. The presentation will cover the company's history, strategy, and financial results. Interested stakeholders can access a live webcast of the event at investor.2U.com. An archive will be available for 90 days post-event.

2U, a leader in education technology, reported strong financial results for Q1 2021. Revenue grew by 32% to $232.5 million, with the Degree Program Segment increasing 23% and the Alternative Credential Segment rising 52%. Though a net loss improved to $45.6 million, cash balance rose to $505.1 million. The company expects full-year revenue to reach $925 million to $955 million, representing 19% to 23% growth. Adjusted EBITDA is projected between $55 million and $65 million. Overall, the results reflect strong demand and growth in enrollments.

2U, Inc. (TWOU) and Keypath Education have announced a partnership with Pepperdine University to launch an online Master of Public Policy and Leadership (MPPL) degree, expanding access to higher education. This program is designed for early- and mid-career professionals and is the 11th online degree offering at Pepperdine. The 33-credit program will feature stackable certificates focused on local government, education policy, and policy communications. Set to launch in 2022, it aims to address the growing need for skilled public leaders in today's complex political landscape.

On April 22, 2021, Gallup and 2U released the 2020 Gallup-2U Graduate Alumni Outcomes Study, revealing that 97% of alumni from 2U's online graduate programs reported positive career outcomes post-graduation. Notably, 94% of Black alumni and 97% of first-generation graduates experienced similar successes. Key findings included that 53% of alumni saw salary increases, and a majority (69%) reported overall life satisfaction amid COVID-19 challenges. The study highlights the importance of equitable online education and the launch of 2U's expanded Career Engagement Network to support all students.

2U, Inc. (Nasdaq: TWOU) is set to report its first quarter 2021 financial results on April 28, 2021. The announcement comes ahead of a scheduled audio webcast and conference call at 4:30 p.m. ET, where CEO Christopher 'Chip' Paucek and CFO Paul Lalljie will discuss the results. Investors can access the live stream on the company's Investor Relations site. 2U has built a strong digital education ecosystem, serving over 300,000 students globally through various educational offerings.

2U, Inc. (Nasdaq: TWOU) announced the expansion of its Career Engagement Network to all students and graduates of its online programs at no cost starting July 2021. This initiative is designed to provide career resources, tools, and recruiting opportunities developed from insights of 35,000 boot camp graduates and employers. The Network will include workshops, webinars, and career fairs with companies like Google and Target, aiming to enhance job placement and career advancement for users.

The Family Institute at Northwestern University and 2U, Inc. (TWOU) have announced a new online master's program in marriage and family therapy (MFT), expanding their partnership that began with Counseling@Northwestern in 2015. This program addresses the increasing demand for trained mental health professionals, particularly as 4 in 10 adults in the U.S. report poor mental health due to the pandemic. The initiative aims to equip a diverse generation of therapists to meet the growing mental health needs in society.

2U, Inc. (Nasdaq: TWOU) has announced a partnership with the University of Toronto's Rotman School of Management to develop online short courses in business topics, including a new course on Fintech. Expected to launch in 2022 through the GetSmarter brand, these courses aim to meet the growing demand for flexible, career-relevant education. The partnership builds upon existing offerings, with over 1,100 graduates from Rotman's boot camps since 2018. The initiative comes as the fintech market is projected to reach a value of $305 billion by 2025.

2U, Inc. (Nasdaq: TWOU) has announced a schedule change for its presentation at the Jefferies Virtual Online Education / e-Learning Summit, now set for Thursday, March 11, 2021 at 11:00am ET. A live webcast of this presentation will be accessible through the company’s investor relations website, with an archived version available for 90 days post-event. 2U has partnered with universities to create over 500 educational offerings, positively impacting more than 300,000 students and learners globally.