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Stock impact report

Why 2U, Inc. Stock Plunged Today [The Motley Fool]

2U, Inc. (TWOU) 
Last 2u, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.2u.com
Company Research Source: The Motley Fool
Wall Street must be grading on a strange curve, because the online education platform provider is falling despite an A+ quarter. Steve Symington ( TMFSymington ) Nov 6, 2018 at 5:20PM What happened Shares of 2U Inc. ( NASDAQ:TWOU ) were down 18.6% as of 3:45 p.m. EST Tuesday in spite of  strong quarterly results from the online education platform leader. To be sure, late yesterday 2U told investors its third-quarter 2018 revenue climbed 52.2% year over year to $107 million, near the high end of its latest guidance for a range of $106 million to $107 million. On the bottom line, that translated to an adjusted net loss of $688,000, or a penny per share, better than its outlook for a per-share loss in the range of $0.03 to $0.02. IMAGE SOURCE: GETTY IMAGES So what The company also generated adjusted earnings before interest, taxes, de Show less Read more
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