2024-02-12 19:42:08 ET
2U, Inc. (TWOU)
Q4 2023 Earnings Conference Call
February 12, 2024, 04:30 PM ET
Company Participants
Stephen Virostek - SVP, IR
Paul Lalljie - CEO
Matthew Norden - CFO
Conference Call Participants
Ryan MacDonald - Needham
George Tong - Goldman Sachs
Josh Baer - Morgan Stanley
Presentation
Operator
Thank you for standing by, and welcome to the 2U, Inc. Fourth Quarter 2023 Earnings Call.
I would now like to welcome Steve Virostek, Senior Vice President of Investor Relations to begin the call. Steve, over to you.
Stephen Virostek
Thank you, Mandeep, and good afternoon, everyone. Welcome to 2U's fourth quarter 2023 earnings conference call.
Joining me on the call this afternoon are Paul Lalljie, Chief Executive Officer; and Matt Norden, Chief Financial Officer. We will share our prepared remarks and follow it by questions. But first, I'd like to cover a few housekeeping items.
Our earnings press release and slide presentation are available on the Investor Relations website, and a replay of this webcast will be made available later today. Commentary made on this call will include forward-looking statements regarding our financial and operating results, plans and objectives of management for future operations, including our performance improvement initiatives plans and ability to refinance our debt, anticipated trends for learners and university partners, changes in laws, regulations and agency guidance for our industry and other matters. These statements are subject to risks, uncertainties and assumptions. Any forward-looking statements made on this call reflect our analysis as of today, and we have no plans or duty to update them. Please refer to the earnings press release and the risk factors described in the documents filed with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2022, and other SEC filings. For information on risks, uncertainties and assumptions that may cause our actual results to differ materially from those set forth in such statements.
In addition, during today's call, we will discuss non-GAAP financial measures, which we believe are useful as supplemental measures of 2U's performance. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from GAAP results. You can find additional disclosures regarding these non-GAAP measures, including reconciliations with comparable GAAP results, in our earnings press release and on the Investor Relations page of our website....
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2U, Inc. (TWOU) Q4 2023 Earnings Call Transcript