TWOU

edX Named to Fast Company's 2024 List of "Most Innovative Companies" for AI Advancements in Education

Retrieved on: 
Tuesday, March 19, 2024

LANHAM, Md., March 19, 2024 /PRNewswire/ -- edX, the global online learning platform from 2U, Inc. (Nasdaq: TWOU), has once again been included on Fast Company's annual list of the World's Most Innovative Companies. This list recognizes companies that are transforming business, shaping society, and paving the way for the innovations of tomorrow. For 2024, edX is featured in the education category for leveraging artificial intelligence (AI) to advance the reach and impact of high-quality online education.

Key Points: 
  • For 2024, edX is featured in the education category for leveraging artificial intelligence (AI) to advance the reach and impact of high-quality online education.
  • As a part of 2U, edX connects more than 83 million people with access to high-quality online education.
  • edX's inclusion in this year's list is a result of 2U's innovations in AI that seek to enhance and improve learners' experiences.
  • "Through our AI advancements, we're not just shaping the future of learning, but empowering individuals worldwide to thrive in the age of AI."

2U, Inc. Announces Date for 2023 Fourth Quarter and Full Year Earnings Report

Retrieved on: 
Thursday, February 1, 2024

LANHAM, Md., Feb. 1, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU) announced today that it will report its fourth quarter and full year 2023 financial and operational results on Monday, February 12, 2024.

Key Points: 
  • LANHAM, Md., Feb. 1, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU) announced today that it will report its fourth quarter and full year 2023 financial and operational results on Monday, February 12, 2024.
  • Paul Lalljie, Chief Executive Officer, and Matthew Norden, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m.
  • To participate in the conference call by telephone from the U.S., dial 1-888-330-2446 (toll-free), or from outside the U.S., dial 1-240-789-2732 (toll), and provide conference ID number 1153388.
  • A recording of the webcast will be posted to 2U's Investor Relations website as soon as it is available.

2U Partners with University of Surrey to Launch 15 Online Master's Degrees

Retrieved on: 
Thursday, February 1, 2024

GUILDFORD, England and LANHAM, Md., Feb. 1, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX, today announced a new partnership with the University of Surrey to launch and support the delivery of online master's degrees and online professional certificate programs. An initial five online degree programs will welcome students in 2024, with a portfolio of at least 15 master's degrees and at least 15 professional certificate programs being delivered by 2026. This will expand access to this highly ranked UK university for students worldwide.

Key Points: 
  • An initial five online degree programs will welcome students in 2024, with a portfolio of at least 15 master's degrees and at least 15 professional certificate programs being delivered by 2026.
  • Surrey's partnership with 2U will deliver Surrey Online Learning: an acceleration and transformation of the university's provision of online learning.
  • "We're partnering with 2U and their edX platform to accelerate Surrey Online Learning provision," said Professor Tim Dunne, Provost and Senior Vice-President at the University of Surrey.
  • "LearningMate is honored to partner with the University of Surrey on its transformative online learning initiative in collaboration with 2U.

2U Partners with University of Surrey to Launch 15 Online Master's Degrees

Retrieved on: 
Thursday, February 1, 2024

GUILDFORD, England and LANHAM, Md., Feb. 1, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX, today announced a new partnership with the University of Surrey to launch and support the delivery of online master's degrees and online professional certificate programs. An initial five online degree programs will welcome students in 2024, with a portfolio of at least 15 master's degrees and at least 15 professional certificate programs being delivered by 2026. This will expand access to this highly ranked UK university for students worldwide.

Key Points: 
  • An initial five online degree programs will welcome students in 2024, with a portfolio of at least 15 master's degrees and at least 15 professional certificate programs being delivered by 2026.
  • Surrey's partnership with 2U will deliver Surrey Online Learning: an acceleration and transformation of the university's provision of online learning.
  • "We're partnering with 2U and their edX platform to accelerate Surrey Online Learning provision," said Professor Tim Dunne, Provost and Senior Vice-President at the University of Surrey.
  • "LearningMate is honored to partner with the University of Surrey on its transformative online learning initiative in collaboration with 2U.

2U Announces New Organizational Structure and Leadership Appointments

Retrieved on: 
Wednesday, January 3, 2024

LANHAM, Md., Jan. 3, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today announced that it has created two executive roles to lead each of the company's business segments. Andrew Hermalyn has been appointed President of the Degree Program Segment, and Aaron McCullough has been appointed President of the Alternative Credential Segment.

Key Points: 
  • Our organizational design is now characterized by clear lines of accountability and streamlined decision-making," said Lalljie.
  • "Together, Andrew and Aaron embody a leadership ethos that prioritizes collaboration, innovation, and a relentless pursuit of excellence.
  • Their combined expertise and deep institutional knowledge of our business will help position 2U for profitable growth."
  • Hermalyn has been with the company since its inception, holding a wide range of leadership positions during his tenure.

2U, Inc. Announces Leadership Transition

Retrieved on: 
Friday, November 17, 2023

LANHAM, Md., Nov. 17, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today announced a change of leadership to spearhead the next stage of its evolution as it focuses on improving operational efficiency and delivering profitable growth and cash flow. The Board of Directors has appointed Paul Lalljie, the company's current Chief Financial Officer, to succeed Christopher "Chip" Paucek as Chief Executive Officer and as a member of the Board of Directors, effective immediately. Additionally, Matt Norden, the company's Chief Legal Officer, will also assume the role of Chief Financial Officer. Paucek will remain an employee of the company through December 15, 2023, at which time he will transition to Special Advisor.

Key Points: 
  • Paucek will remain an employee of the company through December 15, 2023, at which time he will transition to Special Advisor.
  • "The Board and Chip have mutually determined that this is the right time for a leadership change," said Paul Maeder, Chair of the Board of Directors of 2U.
  • Continuity of leadership is important, and Paul has been a key member of the team at 2U for more than four years.
  • I am confident that under Paul's leadership, the company is well positioned to take the necessary steps to deliver profitable growth in the future."

Leading Organizations Across Tech, Business, and Healthcare Partner with 2U to Expand Educational Access

Retrieved on: 
Monday, November 13, 2023

LANHAM, Md., Nov. 13, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX, recently welcomed more than a dozen leading organizations as partners. These organizations join more than 250 university and corporate partners committed to expanding access to affordable, high-quality online education for millions of learners worldwide.

Key Points: 
  • LANHAM, Md., Nov. 13, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX , recently welcomed more than a dozen leading organizations as partners.
  • These organizations join more than 250 university and corporate partners committed to expanding access to affordable, high-quality online education for millions of learners worldwide.
  • These new partners, including global universities and industry leaders, will offer open courses on edX in some of today's most relevant topics including artificial intelligence, cybersecurity, healthcare, business, and sustainability.
  • 2U and its partners continue to invest in high-quality, cutting-edge content across the most in-demand fields.

2U Signs 50 New Online Degrees with Six University Partners

Retrieved on: 
Friday, November 10, 2023

LANHAM, Md., Nov. 10, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX, today announced it has signed contracts with six universities to launch 50 new degree programs under the company's 'flex' degree partnership model, with the majority launching in 2024. The new online degrees will be offered by four new 2U partners–Albany College of Pharmacy and Health Sciences (ACPHS), Hawai'i Pacific University (HPU), King's College London, and Maryville University–and two existing 2U partners, Emerson College and University of Cape Town (UCT).

Key Points: 
  • The new online degrees will be offered by four new 2U partners– Albany College of Pharmacy and Health Sciences (ACPHS) , Hawai'i Pacific University (HPU) , King's College London , and Maryville University –and two existing 2U partners, Emerson College and University of Cape Town (UCT) .
  • "We have unprecedented demand for our flexible partnership model," said Andrew Hermalyn, President of Partnerships at 2U, the company behind edX.
  • Hawai'i Pacific University, a private, nonprofit institution on O'ahu renowned for its exceptional cultural diversity, is expanding its online program portfolio by introducing four master's degrees on edX.
  • Maryville University, a new 2U partner, will launch 47 online education programs on edX, including 28 undergraduate degrees, 11 graduate degrees, five undergraduate certificates, and three graduate certificates.

2U Reports Results for Third Quarter 2023

Retrieved on: 
Thursday, November 9, 2023

LANHAM, Md., Nov. 9, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended September 30, 2023.

Key Points: 
  • LANHAM, Md., Nov. 9, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended September 30, 2023.
  • While our third quarter results did not meet our expectations, there are bright spots in our return to profitable growth."
  • Revenue for the quarter totaled $229.7 million, a 1% decrease from $232.2 million in the third quarter of 2022.
  • Costs and expenses for the quarter totaled $256.6 million, a 24% decrease from $336.5 million in the third quarter of 2022.

2U, Inc. Announces Date for 2023 Third Quarter Earnings Report

Retrieved on: 
Tuesday, October 24, 2023

LANHAM, Md., Oct. 24, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU) announced today that it will report its third quarter 2023 financial and operational results on Thursday, November 9, 2023.

Key Points: 
  • LANHAM, Md., Oct. 24, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU) announced today that it will report its third quarter 2023 financial and operational results on Thursday, November 9, 2023.
  • Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m.
  • To participate in the conference call by telephone from the U.S., dial 1-888-330-2446 (toll-free), or from outside the U.S., dial 1-240-789-2732 (toll), and provide conference ID number 1153388.
  • A recording of the webcast will be posted to 2U's Investor Relations website as soon as it is available.