https://seekingalpha.com/symbol/TWOU
4 replies (most recent on top)
Going concern warning in the next 10K.
Dwindling assets...$1.46B, and $1.24B in liabilities. Cash down to $60M.
https://www.sec.gov/Archives/edgar/data/1459417/000145941724000006/a2uq42023earningsreleaseex.htm
More losses ahead. https://s26.q4cdn.com/441000616/files/doc_financials/2023/q4/2023-02-12-FINAL-4Q-23-Earnings_Presentation.pdf
Q4 Non-GAAP EPS of $0.48 misses by $0.16. Revenue of $255.7M (+8.3% Y/Y) misses by $25.74M. Degree Program Segment revenue increased 19% to $163.5 million. Alternative Credential Segment revenue decreased 7% to $92.2 million