View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest Events2U 배당 및 자사주 매입배당 기준 점검 0/62U 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률-21.1%자사주 매입 수익률총 주주 수익률-21.1%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Sep 06The Nasdaq Stock Market to Delist Common Stock of 2UThe Nasdaq Stock Market announced that it will delist the common stock of 2U, Inc. The company's securities were suspended on August 7, 2024, and have not traded on Nasdaq since that time.공시 • Aug 072U, Inc.(OTCPK:TWOU.Q) dropped from NASDAQ Composite Index2U, Inc. has been dropped from NASDAQ Composite Index.공시 • Aug 03Nasdaq Determines to Delist 2U, Inc.'s Common StockOn July 29, 2024, 2U, Inc. was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq") that Nasdaq had determined to delist the Company's common stock, par value $0.001 per share (the Common Stock"). Nasdaq reached its decision that the Company is no longer suitable for listing pursuant to Nasdaq Listing Rules 5101, 5110(b), and IM-5101-1 as a result of the Debtors' commencement of the Chapter 11 Cases on the Petition Date. The Company does not intend to appeal this determination. Trading of the Common Stock will be suspended at the opening of business on August 7, 2024, and a Form 25-NSE will be filed with the U.S. Securities and Exchange Commission (the SEC"), which will remove the Common Stock from listing and registration on Nasdaq.공시 • Jul 30Interim DIP Financing Approved for 2U, Inc.The US Bankruptcy Court gave an order to 2U, Inc. to obtain DIP financing on an interim basis on July 29, 2024. As per the order, the debtor has been authorized to obtain a term loan facility in the amount of $60 million out of the aggregate $64 million with Wilmington Savings Fund Society, FSB acting as the administrative agent. The DIP loan would either carry an interest rate of SOFR plus 8.5% p.a., along with an additional 2% p.a. interest in the event of default. The DIP facility would mature either on January 24, 2025, or on the effective date of the plan or on the date of consummation of the sale of substantially all assets, whichever is earlier. Adequate protection would be provided to the DIP lenders in the form of super-priority administrative expense claims which is subject to a carve-out of $5 million towards unpaid professional fees / administrative expenses and priority lien upon and security interest in the debtor’s collateral. The final hearing has been scheduled for September 6, 2024.공시 • Jul 262U, Inc. Filed for Bankruptcy2U, Inc., along with its eight affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York on July 25, 2024. The debtor listed both its assets and liabilities in the range of $1 billion to $10 billion. The debtor is represented by George A Davis of Latham & Watkins LLP as its legal counsel. AlixPartners, LLP and Moelis & Company LLC shall be appointed as financial advisor and investment banker, respectively. Epiq Bankruptcy Solutions, LLC is appointed as claims and noticing agent.공시 • Jun 15Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of 2U, Inc. InvestorsKirby McInerney LLP announced that a class action lawsuit has been filed in the U.S. District Court for the District of Maryland on behalf of those who acquired 2U, Inc. securities during the period of February 9, 2022 through February 12, 2024, inclusive (‘the Class Period’). Investors have until August 12, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. On November 9, 2023, the Company announced that 2U and the University of Southern California (USC) would wind down their 15-year collaboration in the Company’s major programs, and that USC would pay approximately $40 million in connection with this exit. The Company also announced it would recognize a total of $80 million in the fourth quarter related to partners seeking a negotiated exit from certain degree programs, which the Company referred to as ‘portfolio management activities. The Company disclosed these portfolio management activities would offset a 21% decrease in full course equivalent enrollment, which was primarily driven by the impact of transition to a new marketing framework in mid-2022. The Company also revealed fiscal quarterly results, showing Degree Program revenue was flat year over year, that total revenue had decreased 1%, and that the Alternative Credential Segment revenue decreased 3%. On this news, the price of 2U shares declined by $1.35, or approximately 56.72%, from $2.38 on November 9, 2023 to close at $1.03 on November 10, 2023. Then, on February 12, 2024, after the market closed, 2U disclosed that due to the Company’s debt, there is substantial doubt about its ability to continue as a going concern. The Company further disclosed it recognized $88.0 million of revenue from portfolio management activities (i.e., fees negotiated for early partnership contract termination) in the year and it would assume another $10 million from such activities in the first quarter of 2024 and at least $15 million in full-year 2024. The lawsuit alleges that: the Company was unable to sustain relationships with key universities and organizations; as a result, certain degree programs and partnerships failed to materialize or were cancelled; the Company’s transition to a platform company would lead to a decrease in full course equivalent enrollments; and accordingly, the Company had overstated the stability and/or longevity of its contractual agreements and/or revenue sources.공시 • May 112U, Inc. Appoints Ivona Smith as Class II DirectorOn May 9, 2024, 2024, the Board of Directors of 2U, Inc. increased its size to nine members in accordance with the Company’s Eighth Amended and Restated Certificate of Incorporation, and appointed Ivona Smith as a Class II Director to fill the vacancy created by such increase in size, both effective as of May 9, 2024. Ms. Smith’s term will expire at the Company's 2025 Annual Meeting of Stockholders, subject to the election and qualification of her successor and her earlier death, resignation or removal. The Company does not currently expect that Ms. Smith will serve on any committee of the Board.Reported Earnings • May 03First quarter 2024 earnings released: US$0.66 loss per share (vs US$0.68 loss in 1Q 2023)First quarter 2024 results: US$0.66 loss per share. Revenue: US$198.4m (down 17% from 1Q 2023). Net loss: US$54.6m (loss widened 1.1% from 1Q 2023). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Consumer Services industry in the United Kingdom.공시 • May 032U, Inc. Re-Affirms Earnings Guidance for the Second Quarter of 2024 and Full Year 20242U, Inc. re-affirmed earnings guidance for the second quarter of 2024 and full year 2024. For the quarter, the company expects revenue to range from $191 million to $194 million and Net loss to range from $37.5 million to $32.5 million.For the year, the company expects revenue to range from $805 million to $815 million and net loss to range from $103 million to $98 million.공시 • Apr 242U, Inc. to Report Q1, 2024 Results on May 02, 20242U, Inc. announced that they will report Q1, 2024 results on May 02, 2024공시 • Mar 182U, Inc. Receives A Letter from the Listing Qualifications Department of the Nasdaq Stock Market LLCOn March 14, 2024, 2U, Inc. (the Company") received a letter from the Listing Qualifications Department (the Staff") of The Nasdaq Stock Market LLC (Nasdaq") notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company's common stock, par value $0.001 per share (the Common Stock"), was below the $1.00 per share minimum required for continued listing on Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the Minimum Bid Price Rule"). The notification has no immediate effect on the listing of the Common Stock, which continues to trade on Nasdaq Global Select Market under the symbol TWOU." In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days, or until September 10, 2024 (the Compliance Period"), to regain compliance with the Minimum Bid Price Rule. The Company has notified Nasdaq that it intends to cure the stock price deficiency and to return to compliance with the Minimum Bid Price Rule within the Compliance Period. The Company can regain compliance at any time during the Compliance Period if the Common Stock has a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days (unless the Staff exercises its discretion to extend this ten-day period pursuant to Nasdaq Listing Rule 5810(c)(3)(H)). The Company intends to actively monitor the closing bid price of the Common Stock and may, if appropriate, evaluate available options, including, without limitation, seeking to effect a reverse stock split, in order to resolve the deficiency and regain compliance with the Minimum Bid Price Rule. The Company's Common Stock will continue to be listed and traded on Nasdaq Global Select Market during the Compliance Period, subject to the Company's compliance with the other Nasdaq continued listing requirements.Reported Earnings • Mar 08Full year 2023 earnings released: US$3.93 loss per share (vs US$4.17 loss in FY 2022)Full year 2023 results: US$3.93 loss per share (improved from US$4.17 loss in FY 2022). Revenue: US$946.0m (down 1.8% from FY 2022). Net loss: US$317.6m (loss narrowed 1.4% from FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Consumer Services industry in the United Kingdom.공시 • Feb 132U, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 20242U, Inc. provided earnings guidance for the first quarter and full year of 2024. For the quarter, the company expects revenue to range from $195 million to $198 million, Net loss to range from $60 million to $55 million. For the full-year 2024, the company expects Revenue to range from $805 million to $815 million and Net loss to range from $90 million to $85 million.Reported Earnings • Feb 13Full year 2023 earnings released: US$3.93 loss per share (vs US$4.17 loss in FY 2022)Full year 2023 results: US$3.93 loss per share (improved from US$4.17 loss in FY 2022). Revenue: US$946.0m (down 1.8% from FY 2022). Net loss: US$317.6m (loss narrowed 1.4% from FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 1.6% growth forecast for the Consumer Services industry in the United Kingdom.New Risk • Feb 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$57m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$57m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$77m net loss in 2 years). Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Market cap is less than US$100m (US$70.9m market cap).공시 • Feb 022U, Inc. to Report Q4, 2023 Results on Feb 12, 20242U, Inc. announced that they will report Q4, 2023 results on Feb 12, 2024Buy Or Sell Opportunity • Jan 26Now 29% overvaluedOver the last 90 days, the stock has fallen 47% to US$1.03. The fair value is estimated to be US$0.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 0.01% in 2 years. Earnings are forecast to grow by 72% in the next 2 years.Recent Insider Transactions • Dec 17Insider recently bought US$51k worth of stockOn the 12th of December, Aaron Mccullough bought around 52k shares on-market at roughly US$0.99 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$192k more in shares than they have sold in the last 12 months.공시 • Nov 192U, Inc. Announces Appointment of Paul Lalljie as Chief Executive Officer2U, Inc. announced a change of leadership to spearhead the next stage of its evolution as it focuses on improving operational efficiency and delivering profitable growth and cash flow. The Board of Directors has appointed Paul Lalljie, the company's current Chief Financial Officer, to succeed Christopher Chip Paucek as Chief Executive Officer and as a member of the Board of Directors, effective immediately. Additionally, Matt Norden, the company's Chief Legal Officer, will also assume the role of Chief Financial Officer. Paucek will remain an employee of the company through December 15, 2023, at which time he will transition to Special Advisor. Lalljie brings significant experience in finance management in the high-growth technology sector to his new role. Before joining 2U in 2019, he spent 18 years at Neustar, Inc., a billion-dollar information services business, where he served as CFO for nine years. During his tenure, Lalljie had global financial and operational responsibility for repositioning Neustar as an information services company. Norden has over a decade of experience at 2U and played a leadership role in the company's IPO in 2014 and in all subsequent capital markets and M&A activities. Prior to 2U, he was the General Counsel at TOMS Shoes, where he played an integral role in the company's strategic planning, international expansion and business development efforts, in addition to overseeing the legal function. Prior to that, Norden was an associate in the M&A practice group in the Washington, DC office of Skadden, Arps, Slate, Meagher & Flom LLP.공시 • Nov 182U, Inc. Announces Appointment of Paul Lalljie as A Member of the Board of Directors2U, Inc. announced a change of leadership to spearhead the next stage of its evolution as it focuses on improving operational efficiency and delivering profitable growth and cash flow. The Board of Directors has appointed Paul Lalljie, the company's current Chief Financial Officer, to succeed Christopher Chip Paucek as Chief Executive Officer and as a member of the Board of Directors, effective immediately. Additionally, Matt Norden, the company's Chief Legal Officer, will also assume the role of Chief Financial Officer. Paucek will remain an employee of the company through December 15, 2023, at which time he will transition to Special Advisor. Lalljie brings significant experience in finance management in the high-growth technology sector to his new role. Before joining 2U in 2019, he spent 18 years at Neustar, Inc., a billion-dollar information services business, where he served as CFO for nine years. During his tenure, Lalljie had global financial and operational responsibility for repositioning Neustar as an information services company. Norden has over a decade of experience at 2U and played a leadership role in the company's IPO in 2014 and in all subsequent capital markets and M&A activities. Prior to 2U, he was the General Counsel at TOMS Shoes, where he played an integral role in the company's strategic planning, international expansion and business development efforts, in addition to overseeing the legal function. Prior to that, Norden was an associate in the M&A practice group in the Washington, DC office of Skadden, Arps, Slate, Meagher & Flom LLP.공시 • Nov 112U, Inc. Provides Earning Guidance for 20232U, Inc. provided earning guidance for 2023. For the period, the company expects revenue to range from $965 million to $990 million, representing growth of 1.5% at the midpoint, including expected revenue of $80 million in the fourth quarter related to portfolio management activities and Net loss to range from $250 million to $240 million.New Risk • Nov 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$84.5m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$57m). Currently unprofitable and not forecast to become profitable over next 2 years (US$79m net loss in 2 years). Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Market cap is less than US$100m (US$84.5m market cap).Buying Opportunity • Nov 10Now 36% undervalued after recent price dropOver the last 90 days, the stock is down 74%. The fair value is estimated to be US$1.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 9.6% in 2 years. Earnings is forecast to grow by 73% in the next 2 years.Reported Earnings • Nov 10Third quarter 2023 earnings released: US$0.58 loss per share (vs US$1.57 loss in 3Q 2022)Third quarter 2023 results: US$0.58 loss per share (improved from US$1.57 loss in 3Q 2022). Revenue: US$229.7m (down 1.1% from 3Q 2022). Net loss: US$47.4m (loss narrowed 61% from 3Q 2022). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Services industry in the United Kingdom.공시 • Oct 252U, Inc. to Report Q3, 2023 Results on Nov 09, 20232U, Inc. announced that they will report Q3, 2023 results on Nov 09, 2023Recent Insider Transactions • Aug 23Insider recently bought US$143k worth of stockOn the 17th of August, Aaron Mccullough bought around 46k shares on-market at roughly US$3.14 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.공시 • Aug 102U, Inc. Provides Earnings Guidance for 20232U, Inc. provided earnings guidance for 2023. For the period, the company expects Revenue to range from $985 million to $995 million, representing growth of 3% at the midpoint. Net loss to range from $225 million to $220 million.New Risk • Aug 09New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$76m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$76m). Currently unprofitable and not forecast to become profitable over next 2 years (US$16m net loss in 2 years). Shareholders have been diluted in the past year (5.1% increase in shares outstanding).Breakeven Date Change • Aug 09Forecast to breakeven in 2025The 13 analysts covering 2U expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 62% per year to 2024. The company is expected to make a profit of US$43.1m in 2025. Average annual earnings growth of 113% is required to achieve expected profit on schedule.공시 • Jul 292U, Inc. to Report Q2, 2023 Results on Aug 08, 20232U, Inc. announced that they will report Q2, 2023 results on Aug 08, 2023Reported Earnings • Apr 28First quarter 2023 earnings released: US$0.68 loss per share (vs US$1.65 loss in 1Q 2022)First quarter 2023 results: US$0.68 loss per share (improved from US$1.65 loss in 1Q 2022). Revenue: US$238.5m (down 5.9% from 1Q 2022). Net loss: US$54.1m (loss narrowed 57% from 1Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Services industry in the United Kingdom.Reported Earnings • Feb 05Full year 2022 earnings released: US$4.17 loss per share (vs US$2.61 loss in FY 2021)Full year 2022 results: US$4.17 loss per share (further deteriorated from US$2.61 loss in FY 2021). Revenue: US$963.1m (up 1.8% from FY 2021). Net loss: US$322.2m (loss widened 65% from FY 2021). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.공시 • Feb 032U, Inc. Provides Earnings Guidance for the Fiscal Year 20232U, Inc. provided earnings guidance for the fiscal year 2023. For the year, the company's revenue to range from $985 million to $995 million, representing growth of 3% at the midpoint and net loss to range from $95 million to $90 million.공시 • Jan 272U, Inc. to Report Q4, 2022 Results on Feb 02, 20232U, Inc. announced that they will report Q4, 2022 results on Feb 02, 2023공시 • Jan 102U, Inc. announced that it expects to receive $147 million in funding2U, Inc. announced hat it has entered into a purchase agreement of 4.50% Senior Unsecured Convertible Notes due 2030 for gross proceeds of $147 million on January 9, 2023. The Notes will bear interest at 4.50% payable semi-annually in arrears and will mature on February 1, 2030. The notes are redeemable. The Notes will be convertible by holders thereof following issuance at an initial conversion price of $9.00 per share, or a conversion rate of 111.1111 shares of the company’s common stock per $1,000.00 principal amount of Notes.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. Member of Advisory Board Joe Rospars was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 09Third quarter 2022 earnings released: US$1.57 loss per share (vs US$0.81 loss in 3Q 2021)Third quarter 2022 results: US$1.57 loss per share (further deteriorated from US$0.81 loss in 3Q 2021). Revenue: US$232.2m (flat on 3Q 2021). Net loss: US$121.7m (loss widened 102% from 3Q 2021). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 29Second quarter 2022 earnings released: US$0.82 loss per share (vs US$0.29 loss in 2Q 2021)Second quarter 2022 results: US$0.82 loss per share (down from US$0.29 loss in 2Q 2021). Revenue: US$241.5m (up 1.8% from 2Q 2021). Net loss: US$62.9m (loss widened 188% from 2Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 20% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 06First quarter 2022 earnings released: US$1.65 loss per share (vs US$0.62 loss in 1Q 2021)First quarter 2022 results: US$1.65 loss per share (down from US$0.62 loss in 1Q 2021). Revenue: US$253.3m (up 9.0% from 1Q 2021). Net loss: US$125.8m (loss widened 176% from 1Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 31% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. Member of Advisory Board Joe Rospars was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Feb 17Independent Chairman recently bought US$1.0m worth of stockOn the 14th of February, Paul Maeder bought around 110k shares on-market at roughly US$9.43 per share. This was the largest purchase by an insider in the last 3 months. This was Paul's only on-market trade for the last 12 months.Reported Earnings • Feb 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$2.61 loss per share (up from US$3.22 loss in FY 2020). Revenue: US$945.7m (up 22% from FY 2020). Net loss: US$194.8m (loss narrowed 10.0% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 18%, compared to a 21% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.Reported Earnings • Nov 10Third quarter 2021 earnings released: US$0.81 loss per share (vs US$0.77 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$232.4m (up 16% from 3Q 2020). Net loss: US$60.1m (loss widened 14% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 28% per year.Reported Earnings • Jul 30Second quarter 2021 earnings released: US$0.29 loss per share (vs US$1.03 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$237.2m (up 30% from 2Q 2020). Net loss: US$21.8m (loss narrowed 67% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 30First quarter 2021 earnings released: US$0.62 loss per share (vs US$0.94 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$232.5m (up 33% from 1Q 2020). Net loss: US$45.6m (loss narrowed 24% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 28Full year 2020 earnings released: US$3.22 loss per share (vs US$3.83 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$774.5m (up 35% from FY 2019). Net loss: US$216.5m (loss narrowed 8.0% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 28Revenue beats expectationsRevenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 20%, compared to a 7.8% growth forecast for the Software industry in the United Kingdom.Reported Earnings • Feb 13Full year 2020 earnings released: US$3.22 loss per share (vs US$3.83 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$774.5m (up 35% from FY 2019). Net loss: US$216.5m (loss narrowed 8.0% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 13Revenue beats expectationsRevenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 18%, compared to a 7.4% growth forecast for the Software industry in the United Kingdom.공시 • Nov 192U, Inc. Releases Inaugural Transparency Report2U, Inc. released its first-ever Transparency Report, offering students, universities, and policymakers data on outcomes, quality, access, affordability, and more for the degree and non-degree offerings 2U powers in partnership with non-profit colleges and universities around the world. Delivering on 2U's commitment to transparency announced last year, the 2019 Transparency Report is grounded in six core pillars—University Oversight & Accountability; Marketplace Openness; Access; Affordability; Quality; and Outcomes—and provides an overview of portfolio-wide data across 2U-powered degree programs, boot camps, and short courses. The report is designed to help students, universities, and policymakers better understand and assess the role and value that responsible education technology providers like 2U play in building high-quality educational offerings that deliver great student outcomes. Key data highlights from the 2019 Transparency Report include: The company has invested $1.3 billion in its non-profit partners' degree programs to date. The graduation rate for 2U-powered degree programs was 72% and the average course completion rate for 2U's non-degree offerings (short courses and boot camps) was 90%. The company’s portfolio of degree and non-degree offerings support a diverse cross-section of learners, regardless of gender, race, age, and geography. In 2019, 66% of students in 2U-powered degree programs and 31% of students in 2U-powered boot camps identified as female. 34% of students in 2U-powered degree programs and 23% of students in 2U-powered boot camps identified as Black/African American or Hispanic/Latino. In 2019, 2U invested $19.5 million in scholarships and fellowships for students in 2U-powered degree programs. The Transparency Report follows the release, earlier this year, of the inaugural Gallup-2U Graduate Outcomes Benchmark Report, which found that alumni from 2U-powered degree programs felt engaged and academically challenged and have thrived post graduation. Also this year, 2U released its Learning Experience Framework (LXF), a collection of research and learning science-supported principles for designing rigorous and engaging online learning experiences. Together, the Transparency Report, Gallup data, and LXF demonstrate 2U's commitment to delivering high-quality online education and fostering greater openness.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$223.4m, with losses widening by 20% from the prior year. Total revenue was US$722.4m over the last 12 months, up 37% from the prior year.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 0LHP 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: 0LHP 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장2U 배당 수익률 vs 시장0LHP의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (0LHP)n/a시장 하위 25% (GB)2.2%시장 상위 25% (GB)5.6%업계 평균 (Consumer Services)2.5%분석가 예측 (0LHP) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 0LHP 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 0LHP 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 0LHP 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: 0LHP 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YGB 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/09/16 21:40종가2024/09/16 00:00수익2024/06/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스2U, Inc.는 14명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Brett KnoblauchBerenbergJeffrey SilberBMO Capital Markets Equity ResearchBrett KnoblauchCantor Fitzgerald & Co.11명의 분석가 더 보기
공시 • Sep 06The Nasdaq Stock Market to Delist Common Stock of 2UThe Nasdaq Stock Market announced that it will delist the common stock of 2U, Inc. The company's securities were suspended on August 7, 2024, and have not traded on Nasdaq since that time.
공시 • Aug 072U, Inc.(OTCPK:TWOU.Q) dropped from NASDAQ Composite Index2U, Inc. has been dropped from NASDAQ Composite Index.
공시 • Aug 03Nasdaq Determines to Delist 2U, Inc.'s Common StockOn July 29, 2024, 2U, Inc. was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq") that Nasdaq had determined to delist the Company's common stock, par value $0.001 per share (the Common Stock"). Nasdaq reached its decision that the Company is no longer suitable for listing pursuant to Nasdaq Listing Rules 5101, 5110(b), and IM-5101-1 as a result of the Debtors' commencement of the Chapter 11 Cases on the Petition Date. The Company does not intend to appeal this determination. Trading of the Common Stock will be suspended at the opening of business on August 7, 2024, and a Form 25-NSE will be filed with the U.S. Securities and Exchange Commission (the SEC"), which will remove the Common Stock from listing and registration on Nasdaq.
공시 • Jul 30Interim DIP Financing Approved for 2U, Inc.The US Bankruptcy Court gave an order to 2U, Inc. to obtain DIP financing on an interim basis on July 29, 2024. As per the order, the debtor has been authorized to obtain a term loan facility in the amount of $60 million out of the aggregate $64 million with Wilmington Savings Fund Society, FSB acting as the administrative agent. The DIP loan would either carry an interest rate of SOFR plus 8.5% p.a., along with an additional 2% p.a. interest in the event of default. The DIP facility would mature either on January 24, 2025, or on the effective date of the plan or on the date of consummation of the sale of substantially all assets, whichever is earlier. Adequate protection would be provided to the DIP lenders in the form of super-priority administrative expense claims which is subject to a carve-out of $5 million towards unpaid professional fees / administrative expenses and priority lien upon and security interest in the debtor’s collateral. The final hearing has been scheduled for September 6, 2024.
공시 • Jul 262U, Inc. Filed for Bankruptcy2U, Inc., along with its eight affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York on July 25, 2024. The debtor listed both its assets and liabilities in the range of $1 billion to $10 billion. The debtor is represented by George A Davis of Latham & Watkins LLP as its legal counsel. AlixPartners, LLP and Moelis & Company LLC shall be appointed as financial advisor and investment banker, respectively. Epiq Bankruptcy Solutions, LLC is appointed as claims and noticing agent.
공시 • Jun 15Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of 2U, Inc. InvestorsKirby McInerney LLP announced that a class action lawsuit has been filed in the U.S. District Court for the District of Maryland on behalf of those who acquired 2U, Inc. securities during the period of February 9, 2022 through February 12, 2024, inclusive (‘the Class Period’). Investors have until August 12, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. On November 9, 2023, the Company announced that 2U and the University of Southern California (USC) would wind down their 15-year collaboration in the Company’s major programs, and that USC would pay approximately $40 million in connection with this exit. The Company also announced it would recognize a total of $80 million in the fourth quarter related to partners seeking a negotiated exit from certain degree programs, which the Company referred to as ‘portfolio management activities. The Company disclosed these portfolio management activities would offset a 21% decrease in full course equivalent enrollment, which was primarily driven by the impact of transition to a new marketing framework in mid-2022. The Company also revealed fiscal quarterly results, showing Degree Program revenue was flat year over year, that total revenue had decreased 1%, and that the Alternative Credential Segment revenue decreased 3%. On this news, the price of 2U shares declined by $1.35, or approximately 56.72%, from $2.38 on November 9, 2023 to close at $1.03 on November 10, 2023. Then, on February 12, 2024, after the market closed, 2U disclosed that due to the Company’s debt, there is substantial doubt about its ability to continue as a going concern. The Company further disclosed it recognized $88.0 million of revenue from portfolio management activities (i.e., fees negotiated for early partnership contract termination) in the year and it would assume another $10 million from such activities in the first quarter of 2024 and at least $15 million in full-year 2024. The lawsuit alleges that: the Company was unable to sustain relationships with key universities and organizations; as a result, certain degree programs and partnerships failed to materialize or were cancelled; the Company’s transition to a platform company would lead to a decrease in full course equivalent enrollments; and accordingly, the Company had overstated the stability and/or longevity of its contractual agreements and/or revenue sources.
공시 • May 112U, Inc. Appoints Ivona Smith as Class II DirectorOn May 9, 2024, 2024, the Board of Directors of 2U, Inc. increased its size to nine members in accordance with the Company’s Eighth Amended and Restated Certificate of Incorporation, and appointed Ivona Smith as a Class II Director to fill the vacancy created by such increase in size, both effective as of May 9, 2024. Ms. Smith’s term will expire at the Company's 2025 Annual Meeting of Stockholders, subject to the election and qualification of her successor and her earlier death, resignation or removal. The Company does not currently expect that Ms. Smith will serve on any committee of the Board.
Reported Earnings • May 03First quarter 2024 earnings released: US$0.66 loss per share (vs US$0.68 loss in 1Q 2023)First quarter 2024 results: US$0.66 loss per share. Revenue: US$198.4m (down 17% from 1Q 2023). Net loss: US$54.6m (loss widened 1.1% from 1Q 2023). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Consumer Services industry in the United Kingdom.
공시 • May 032U, Inc. Re-Affirms Earnings Guidance for the Second Quarter of 2024 and Full Year 20242U, Inc. re-affirmed earnings guidance for the second quarter of 2024 and full year 2024. For the quarter, the company expects revenue to range from $191 million to $194 million and Net loss to range from $37.5 million to $32.5 million.For the year, the company expects revenue to range from $805 million to $815 million and net loss to range from $103 million to $98 million.
공시 • Apr 242U, Inc. to Report Q1, 2024 Results on May 02, 20242U, Inc. announced that they will report Q1, 2024 results on May 02, 2024
공시 • Mar 182U, Inc. Receives A Letter from the Listing Qualifications Department of the Nasdaq Stock Market LLCOn March 14, 2024, 2U, Inc. (the Company") received a letter from the Listing Qualifications Department (the Staff") of The Nasdaq Stock Market LLC (Nasdaq") notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company's common stock, par value $0.001 per share (the Common Stock"), was below the $1.00 per share minimum required for continued listing on Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the Minimum Bid Price Rule"). The notification has no immediate effect on the listing of the Common Stock, which continues to trade on Nasdaq Global Select Market under the symbol TWOU." In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days, or until September 10, 2024 (the Compliance Period"), to regain compliance with the Minimum Bid Price Rule. The Company has notified Nasdaq that it intends to cure the stock price deficiency and to return to compliance with the Minimum Bid Price Rule within the Compliance Period. The Company can regain compliance at any time during the Compliance Period if the Common Stock has a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days (unless the Staff exercises its discretion to extend this ten-day period pursuant to Nasdaq Listing Rule 5810(c)(3)(H)). The Company intends to actively monitor the closing bid price of the Common Stock and may, if appropriate, evaluate available options, including, without limitation, seeking to effect a reverse stock split, in order to resolve the deficiency and regain compliance with the Minimum Bid Price Rule. The Company's Common Stock will continue to be listed and traded on Nasdaq Global Select Market during the Compliance Period, subject to the Company's compliance with the other Nasdaq continued listing requirements.
Reported Earnings • Mar 08Full year 2023 earnings released: US$3.93 loss per share (vs US$4.17 loss in FY 2022)Full year 2023 results: US$3.93 loss per share (improved from US$4.17 loss in FY 2022). Revenue: US$946.0m (down 1.8% from FY 2022). Net loss: US$317.6m (loss narrowed 1.4% from FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Consumer Services industry in the United Kingdom.
공시 • Feb 132U, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 20242U, Inc. provided earnings guidance for the first quarter and full year of 2024. For the quarter, the company expects revenue to range from $195 million to $198 million, Net loss to range from $60 million to $55 million. For the full-year 2024, the company expects Revenue to range from $805 million to $815 million and Net loss to range from $90 million to $85 million.
Reported Earnings • Feb 13Full year 2023 earnings released: US$3.93 loss per share (vs US$4.17 loss in FY 2022)Full year 2023 results: US$3.93 loss per share (improved from US$4.17 loss in FY 2022). Revenue: US$946.0m (down 1.8% from FY 2022). Net loss: US$317.6m (loss narrowed 1.4% from FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 1.6% growth forecast for the Consumer Services industry in the United Kingdom.
New Risk • Feb 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$57m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$57m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$77m net loss in 2 years). Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Market cap is less than US$100m (US$70.9m market cap).
공시 • Feb 022U, Inc. to Report Q4, 2023 Results on Feb 12, 20242U, Inc. announced that they will report Q4, 2023 results on Feb 12, 2024
Buy Or Sell Opportunity • Jan 26Now 29% overvaluedOver the last 90 days, the stock has fallen 47% to US$1.03. The fair value is estimated to be US$0.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 0.01% in 2 years. Earnings are forecast to grow by 72% in the next 2 years.
Recent Insider Transactions • Dec 17Insider recently bought US$51k worth of stockOn the 12th of December, Aaron Mccullough bought around 52k shares on-market at roughly US$0.99 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$192k more in shares than they have sold in the last 12 months.
공시 • Nov 192U, Inc. Announces Appointment of Paul Lalljie as Chief Executive Officer2U, Inc. announced a change of leadership to spearhead the next stage of its evolution as it focuses on improving operational efficiency and delivering profitable growth and cash flow. The Board of Directors has appointed Paul Lalljie, the company's current Chief Financial Officer, to succeed Christopher Chip Paucek as Chief Executive Officer and as a member of the Board of Directors, effective immediately. Additionally, Matt Norden, the company's Chief Legal Officer, will also assume the role of Chief Financial Officer. Paucek will remain an employee of the company through December 15, 2023, at which time he will transition to Special Advisor. Lalljie brings significant experience in finance management in the high-growth technology sector to his new role. Before joining 2U in 2019, he spent 18 years at Neustar, Inc., a billion-dollar information services business, where he served as CFO for nine years. During his tenure, Lalljie had global financial and operational responsibility for repositioning Neustar as an information services company. Norden has over a decade of experience at 2U and played a leadership role in the company's IPO in 2014 and in all subsequent capital markets and M&A activities. Prior to 2U, he was the General Counsel at TOMS Shoes, where he played an integral role in the company's strategic planning, international expansion and business development efforts, in addition to overseeing the legal function. Prior to that, Norden was an associate in the M&A practice group in the Washington, DC office of Skadden, Arps, Slate, Meagher & Flom LLP.
공시 • Nov 182U, Inc. Announces Appointment of Paul Lalljie as A Member of the Board of Directors2U, Inc. announced a change of leadership to spearhead the next stage of its evolution as it focuses on improving operational efficiency and delivering profitable growth and cash flow. The Board of Directors has appointed Paul Lalljie, the company's current Chief Financial Officer, to succeed Christopher Chip Paucek as Chief Executive Officer and as a member of the Board of Directors, effective immediately. Additionally, Matt Norden, the company's Chief Legal Officer, will also assume the role of Chief Financial Officer. Paucek will remain an employee of the company through December 15, 2023, at which time he will transition to Special Advisor. Lalljie brings significant experience in finance management in the high-growth technology sector to his new role. Before joining 2U in 2019, he spent 18 years at Neustar, Inc., a billion-dollar information services business, where he served as CFO for nine years. During his tenure, Lalljie had global financial and operational responsibility for repositioning Neustar as an information services company. Norden has over a decade of experience at 2U and played a leadership role in the company's IPO in 2014 and in all subsequent capital markets and M&A activities. Prior to 2U, he was the General Counsel at TOMS Shoes, where he played an integral role in the company's strategic planning, international expansion and business development efforts, in addition to overseeing the legal function. Prior to that, Norden was an associate in the M&A practice group in the Washington, DC office of Skadden, Arps, Slate, Meagher & Flom LLP.
공시 • Nov 112U, Inc. Provides Earning Guidance for 20232U, Inc. provided earning guidance for 2023. For the period, the company expects revenue to range from $965 million to $990 million, representing growth of 1.5% at the midpoint, including expected revenue of $80 million in the fourth quarter related to portfolio management activities and Net loss to range from $250 million to $240 million.
New Risk • Nov 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$84.5m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$57m). Currently unprofitable and not forecast to become profitable over next 2 years (US$79m net loss in 2 years). Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Market cap is less than US$100m (US$84.5m market cap).
Buying Opportunity • Nov 10Now 36% undervalued after recent price dropOver the last 90 days, the stock is down 74%. The fair value is estimated to be US$1.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 9.6% in 2 years. Earnings is forecast to grow by 73% in the next 2 years.
Reported Earnings • Nov 10Third quarter 2023 earnings released: US$0.58 loss per share (vs US$1.57 loss in 3Q 2022)Third quarter 2023 results: US$0.58 loss per share (improved from US$1.57 loss in 3Q 2022). Revenue: US$229.7m (down 1.1% from 3Q 2022). Net loss: US$47.4m (loss narrowed 61% from 3Q 2022). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Services industry in the United Kingdom.
공시 • Oct 252U, Inc. to Report Q3, 2023 Results on Nov 09, 20232U, Inc. announced that they will report Q3, 2023 results on Nov 09, 2023
Recent Insider Transactions • Aug 23Insider recently bought US$143k worth of stockOn the 17th of August, Aaron Mccullough bought around 46k shares on-market at roughly US$3.14 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
공시 • Aug 102U, Inc. Provides Earnings Guidance for 20232U, Inc. provided earnings guidance for 2023. For the period, the company expects Revenue to range from $985 million to $995 million, representing growth of 3% at the midpoint. Net loss to range from $225 million to $220 million.
New Risk • Aug 09New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$76m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$76m). Currently unprofitable and not forecast to become profitable over next 2 years (US$16m net loss in 2 years). Shareholders have been diluted in the past year (5.1% increase in shares outstanding).
Breakeven Date Change • Aug 09Forecast to breakeven in 2025The 13 analysts covering 2U expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 62% per year to 2024. The company is expected to make a profit of US$43.1m in 2025. Average annual earnings growth of 113% is required to achieve expected profit on schedule.
공시 • Jul 292U, Inc. to Report Q2, 2023 Results on Aug 08, 20232U, Inc. announced that they will report Q2, 2023 results on Aug 08, 2023
Reported Earnings • Apr 28First quarter 2023 earnings released: US$0.68 loss per share (vs US$1.65 loss in 1Q 2022)First quarter 2023 results: US$0.68 loss per share (improved from US$1.65 loss in 1Q 2022). Revenue: US$238.5m (down 5.9% from 1Q 2022). Net loss: US$54.1m (loss narrowed 57% from 1Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Services industry in the United Kingdom.
Reported Earnings • Feb 05Full year 2022 earnings released: US$4.17 loss per share (vs US$2.61 loss in FY 2021)Full year 2022 results: US$4.17 loss per share (further deteriorated from US$2.61 loss in FY 2021). Revenue: US$963.1m (up 1.8% from FY 2021). Net loss: US$322.2m (loss widened 65% from FY 2021). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
공시 • Feb 032U, Inc. Provides Earnings Guidance for the Fiscal Year 20232U, Inc. provided earnings guidance for the fiscal year 2023. For the year, the company's revenue to range from $985 million to $995 million, representing growth of 3% at the midpoint and net loss to range from $95 million to $90 million.
공시 • Jan 272U, Inc. to Report Q4, 2022 Results on Feb 02, 20232U, Inc. announced that they will report Q4, 2022 results on Feb 02, 2023
공시 • Jan 102U, Inc. announced that it expects to receive $147 million in funding2U, Inc. announced hat it has entered into a purchase agreement of 4.50% Senior Unsecured Convertible Notes due 2030 for gross proceeds of $147 million on January 9, 2023. The Notes will bear interest at 4.50% payable semi-annually in arrears and will mature on February 1, 2030. The notes are redeemable. The Notes will be convertible by holders thereof following issuance at an initial conversion price of $9.00 per share, or a conversion rate of 111.1111 shares of the company’s common stock per $1,000.00 principal amount of Notes.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. Member of Advisory Board Joe Rospars was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 09Third quarter 2022 earnings released: US$1.57 loss per share (vs US$0.81 loss in 3Q 2021)Third quarter 2022 results: US$1.57 loss per share (further deteriorated from US$0.81 loss in 3Q 2021). Revenue: US$232.2m (flat on 3Q 2021). Net loss: US$121.7m (loss widened 102% from 3Q 2021). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 29Second quarter 2022 earnings released: US$0.82 loss per share (vs US$0.29 loss in 2Q 2021)Second quarter 2022 results: US$0.82 loss per share (down from US$0.29 loss in 2Q 2021). Revenue: US$241.5m (up 1.8% from 2Q 2021). Net loss: US$62.9m (loss widened 188% from 2Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 20% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 06First quarter 2022 earnings released: US$1.65 loss per share (vs US$0.62 loss in 1Q 2021)First quarter 2022 results: US$1.65 loss per share (down from US$0.62 loss in 1Q 2021). Revenue: US$253.3m (up 9.0% from 1Q 2021). Net loss: US$125.8m (loss widened 176% from 1Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 31% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. Member of Advisory Board Joe Rospars was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Feb 17Independent Chairman recently bought US$1.0m worth of stockOn the 14th of February, Paul Maeder bought around 110k shares on-market at roughly US$9.43 per share. This was the largest purchase by an insider in the last 3 months. This was Paul's only on-market trade for the last 12 months.
Reported Earnings • Feb 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$2.61 loss per share (up from US$3.22 loss in FY 2020). Revenue: US$945.7m (up 22% from FY 2020). Net loss: US$194.8m (loss narrowed 10.0% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 18%, compared to a 21% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Nov 10Third quarter 2021 earnings released: US$0.81 loss per share (vs US$0.77 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$232.4m (up 16% from 3Q 2020). Net loss: US$60.1m (loss widened 14% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 28% per year.
Reported Earnings • Jul 30Second quarter 2021 earnings released: US$0.29 loss per share (vs US$1.03 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$237.2m (up 30% from 2Q 2020). Net loss: US$21.8m (loss narrowed 67% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 30First quarter 2021 earnings released: US$0.62 loss per share (vs US$0.94 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$232.5m (up 33% from 1Q 2020). Net loss: US$45.6m (loss narrowed 24% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 28Full year 2020 earnings released: US$3.22 loss per share (vs US$3.83 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$774.5m (up 35% from FY 2019). Net loss: US$216.5m (loss narrowed 8.0% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 28Revenue beats expectationsRevenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 20%, compared to a 7.8% growth forecast for the Software industry in the United Kingdom.
Reported Earnings • Feb 13Full year 2020 earnings released: US$3.22 loss per share (vs US$3.83 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$774.5m (up 35% from FY 2019). Net loss: US$216.5m (loss narrowed 8.0% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 13Revenue beats expectationsRevenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 18%, compared to a 7.4% growth forecast for the Software industry in the United Kingdom.
공시 • Nov 192U, Inc. Releases Inaugural Transparency Report2U, Inc. released its first-ever Transparency Report, offering students, universities, and policymakers data on outcomes, quality, access, affordability, and more for the degree and non-degree offerings 2U powers in partnership with non-profit colleges and universities around the world. Delivering on 2U's commitment to transparency announced last year, the 2019 Transparency Report is grounded in six core pillars—University Oversight & Accountability; Marketplace Openness; Access; Affordability; Quality; and Outcomes—and provides an overview of portfolio-wide data across 2U-powered degree programs, boot camps, and short courses. The report is designed to help students, universities, and policymakers better understand and assess the role and value that responsible education technology providers like 2U play in building high-quality educational offerings that deliver great student outcomes. Key data highlights from the 2019 Transparency Report include: The company has invested $1.3 billion in its non-profit partners' degree programs to date. The graduation rate for 2U-powered degree programs was 72% and the average course completion rate for 2U's non-degree offerings (short courses and boot camps) was 90%. The company’s portfolio of degree and non-degree offerings support a diverse cross-section of learners, regardless of gender, race, age, and geography. In 2019, 66% of students in 2U-powered degree programs and 31% of students in 2U-powered boot camps identified as female. 34% of students in 2U-powered degree programs and 23% of students in 2U-powered boot camps identified as Black/African American or Hispanic/Latino. In 2019, 2U invested $19.5 million in scholarships and fellowships for students in 2U-powered degree programs. The Transparency Report follows the release, earlier this year, of the inaugural Gallup-2U Graduate Outcomes Benchmark Report, which found that alumni from 2U-powered degree programs felt engaged and academically challenged and have thrived post graduation. Also this year, 2U released its Learning Experience Framework (LXF), a collection of research and learning science-supported principles for designing rigorous and engaging online learning experiences. Together, the Transparency Report, Gallup data, and LXF demonstrate 2U's commitment to delivering high-quality online education and fostering greater openness.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$223.4m, with losses widening by 20% from the prior year. Total revenue was US$722.4m over the last 12 months, up 37% from the prior year.