2U Inc TWOU said it would announce its financial numbers for the first quarter on May 5 after the market closes. The company is engaged in offering cloud-based SaaS technology enabling non-profit colleges and universities to deliver their degree programs online.
According to 2U, its CEO, Chip Paucek, COO, Susan Cates, and CFO, Cathy Graham, would hold an audio webcast, as well as a conference call at 5 p.m. Eastern Time the same day, i.e. May 5.
Currently, Street analysts expect the company to incur a loss of four cents a share and generate $46.58 million revenue. The conference can be accessed by visiting http://investor.2u.com. The company advised its participants in the conference call to dial its telephone in the U.S., dial 1-877-359-9508, or outside of the U.S., dial 1-224-357-2393.
2U indicated that a recording of the webcast would be posted on its website at http://investor.2u.com once it was available.
On Wednesday, shares of the company traded 3.08 percent higher.
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