2U's Biggest Quarter

2U's Biggest Quarter

Nov 5, 2014

2U 2 PROFITABILITY? Q3 2014 marked the biggest quarter yet for 2U (NASDAQ: TWOU), which reported $28.4 million in revenue--up from $24.7 million in Q2 and 30% more than in Q3 2013. Net loss shrunk from $9.5 million to $5.1 million in Q3 2013. The Landover, MD-based company is also set to launch five new online Master's programs in 2015 from Syracuse (for MBA, communications and accounting), Southern Methodist University (data science) and Northwestern (counseling). All the numbers and dollars here. CEO Chip Paucek reportedly rushed out of his earning calls for his online MBA@UNC class offered by--who else?

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