2U, Inc. (NASDAQ: TWOU) said its third quarter 2014 revenue was USD28.4 million, an increase of 39 percent from USD20.5 million in the third quarter of 2013.
Net loss attributable to common stockholders was USD(7.3) million, or USD(0.18) per share, compared to USD(10.2) million, or USD(1.38) per share, in the third quarter of 2013.
Adjusted net loss was USD(5.1) million, or USD(0.13) per pro forma share compared to USD(9.5) million, or USD(0.31) per pro forma share, in the third quarter of 2013.
Adjusted EBITDA loss was USD(3.4) million, compared to a loss of USD(8.4) million in the third quarter of 2013.
2U partners with leading colleges and universities to deliver the world´s best online degree programs so students everywhere can reach their full potential. To learn more, go to 2U.com., LinkedIn (http://www.linkedin.com/company/2u), Twitter (http://twitter.com/2Uinc) and Facebook (http://www.facebook.com/2u).