2U, Inc. Reports Fourth-Quarter and Full-Year 2015 Financial Results

LANDOVER, Md., Feb. 25, 2016 /PRNewswire/ — 2U, Inc. (NASDAQ: TWOU), today reported financial and operating results for the fourth quarter and full year ended December 31, 2015. 2U is a leading provider of cloud-based software-as-a-service technology fused with technology-enabled services that enables leading nonprofit colleges and universities to deliver their high-quality degree programs online.Fourth-Quarter 2015 ResultsFull-Year 2015 Results”It was a great year and we closed out 2015 by again delivering significant year-over-year revenue growth,” said Chip Paucek, 2U’s CEO and co-founder. “Q4 2015 was the first adjusted EBITDA profitable quarter in the history of the company. And perhaps more importantly, we now also anticipate that Q1 2016 and Q4 2016 will be adjusted EBITDA positive, indicating that we remain on the path to our adjusted EBITDA profitability goals.”Recent Program Related…

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