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2U, Inc. engages in the provision of cloud-based software-as-a-service solutions for nonprofit colleges and universities to deliver education to qualified students. It operates through the Graduate Program and Short Course segments. Read More The Graduate Program segment target students seeking a full graduate degree of the same quality receives on-campus. The Short Course segment caters to working professionals looking for career advancement through skills attainment. It offers 2UOS, which consists of an ecosystem of technology, people, and data. The company was founded by Christopher J. Paucek in April 2008 and is headquartered in Lanham, MD.
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Yahoo FinanceMay 10
What a higher education tech company tells us about a tightening labor market
Amid a tight labor market, universities are getting choosier about who they are admitting to their graduate programs. And the trend sent shares of one education technology provider down over 25% on Wednesday. Lanham, Maryland-based 2U (TWOU) is an education technology provider that partners with schools to offer online graduate degree and short course programs. After the closing bell on Tuesday, the company said it would be lowering its expectations for year-over-year revenue growth from 31% to about 25%. ...
The Motley FoolMay 8
2U Tempers 2019 Guidance on Soft Enrollments
2U Inc. (NASDAQ:TWOU) announced impressive first-quarter 2019 results on Tuesday after the market closed, but you wouldn't know it from the market's reaction. Shares of the online education specialist fell more than 20% on Wednesday after its solid start to 2019 was eclipsed by its decision to reduce full-year revenue guidance. So let's take a closer look at what drove 2U over the past few months, then tackle the reasons behind its tempered outlook. 2U results: The raw numbers Metric Q1 2019 Q1 2018 Year...
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