2U Cuts 2023 Revenue Outlook From $985M-$995M To $965M-$990M
Portfolio Pulse from Benzinga Newsdesk
2U has reduced its 2023 revenue outlook from $985M-$995M to $965M-$990M.
November 09, 2023 | 9:11 pm
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NEGATIVE IMPACT
2U has lowered its 2023 revenue forecast, which may negatively impact investor sentiment.
2U's reduction in its 2023 revenue outlook may lead to a decrease in investor confidence, potentially leading to a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100