Thread regarding 2U Inc. layoffs

Let's see how Chip explains this at today's Earnings Call

Losses even worse than expected.

https://seekingalpha.com/news/4000343-2u-plunges-reporting-poor-quarterly-results

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| 1321 views | | 4 replies (last November 13, 2023) | Reply
Post ID: @OP+1pv93hDM

4 replies (most recent on top)

Hopefully it's something that shows an upward trend in the company

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Post ID: @4tdc+1pv93hDM

All the numbers. Large losses and cash dwindling...

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001459417/000145941723000042/twou-20230930.htm

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Post ID: @1hsj+1pv93hDM

$47M loss in Q3.

https://s26.q4cdn.com/441000616/files/doc_financials/2023/q3/2023-11-09-FINAL-3Q-23_Earnings_Presentation.pdf

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Post ID: @ewv+1pv93hDM

Sorry, that was old news. This is what's expected.

https://seekingalpha.com/news/4033114-2u-q3-2023-earnings-preview

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Post ID: @hnk+1pv93hDM

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