2U(TWOU) - 2023 Q2 - Earnings Call Presentation

2U Appendix This presentation includes the following non-GAAP financial measures: adjusted EBITDA, adjusted free cash flow, adjusted unlevered free cash flow, adjusted net income (loss), and adjusted net income (loss) per share. The company has provided a reconciliation of each non-GAAP financial measure used in this presentation to the most directly comparable GAAP financial measure. The company defines adjusted EBITDA as net income or net loss, as applicable, before net interest income (expense), foreign ...