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TWOU| Name | Value |
|---|---|
| Revenues | 255.7M |
| Cost of Revenue | 57.3M |
| Gross Profit | 198.3M |
| Operating Expense | 144.4M |
| Operating I/L | 53.9M |
| Other Income/Expense | -95.2M |
| Interest Income | 0.9M |
| Pretax | -41.2M |
| Income Tax Expense | 1.2M |
| Net Income/Loss | -42.4M |
2U, Inc. is an education technology company that operates through two segments: Degree Program and Alternative Credential. The Degree Program segment provides technology and services to nonprofit colleges and universities for online delivery of degree programs, targeting students seeking undergraduate or graduate degrees. The Alternative Credential segment offers online open courses, executive education programs, technical courses, skills-based boot camps, and micro-credential programs through nonprofit colleges and universities, targeting students seeking to reskill or upskill through shorter duration and lower-priced offerings. Additionally, the company provides a platform offering front-end and back-end cloud-based SaaS technology and technology-enabled services.
