2U,INC. (NASDAQ:TWOU) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial
Condition
On February23, 2017, 2U,Inc. issued a press release announcing
its financial results for the fourth quarter and year ended
December31, 2016. A copy of the press release is furnished as
Exhibit99.1 hereto and incorporated by reference herein.
In accordance with General Instruction B.2. of Form8-K, the
information in this Item 2.02, and Exhibit99.1 hereto, shall not
be deemed filed for purposes of Section18 of the Securities
Exchange Act of 1934, as amended (the Exchange Act), or otherwise
subject to the liability of that section, nor shall it be deemed
incorporated by reference in any of the Registrants filings under
the Securities Act of 1933, as amended, or the Exchange Act,
whether made before or after the date hereof, regardless of any
incorporation language in such a filing, except as expressly set
forth by specific reference in such a filing.
Item 9.01 Financial Statements and
Exhibits
(d) Exhibits
ExhibitNumber |
|
ExhibitDescription |
99.1 |
Press release, dated February23, 2017, 2U,Inc. Reports |
About 2U, INC. (NASDAQ:TWOU)
2U, Inc. is a provider of an integrated solution consisting of cloud-based software-as-a-service (SaaS) combined with technology-enabled services (together, the Platform) that allows colleges and universities to deliver online degree programs. The Company’s SaaS technology consists of an online learning environment, Online Campus, which acts as the hub for student and faculty academic and social interaction, and operations applications. The Company also provides technology-enabled services that support the complete lifecycle of a higher education program. Its clients use the Online Campus portion of its Platform to offer educational content, instructor-led classes averaging over 10 students per session in a live setting, accessible through Web-based and mobile applications. Its clients use the operations applications within its Platform to enable and support their online operations, and integrate those operations with their existing university systems. 2U, INC. (NASDAQ:TWOU) Recent Trading Information
2U, INC. (NASDAQ:TWOU) closed its last trading session down -0.11 at 36.55 with 246,964 shares trading hands.