2U(TWOU) - 2023 Q3 - Earnings Call Transcript

So, the fact is, it surprised us. It's definitely the story of the quarter for us, and we just have to own it, move ahead and build that business better. But the other bootcamps were up. Couple more on the program management activity. Just wanted to confirm, when that revenue comes in, does it drop pretty much straight to EBITDA? [Operator Instructions]. Your next question is from George Tong. We're in the late innings. Yes, yes, it's been a very active process. So, we're feeling good about how we've done a ...