2U Revises FY23 Net Loss Outlook From $(93)M-$(87)M To $(225)-$(220)M
Portfolio Pulse from Benzinga Newsdesk
2U has revised its FY23 net loss outlook from $(93)M-$(87)M to $(225)-$(220)M, indicating a larger than expected loss.
August 08, 2023 | 8:39 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
2U's revised FY23 net loss outlook could negatively impact its stock price in the short term.
2U's revised FY23 net loss outlook is significantly larger than previously expected. This could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100