Laureate Education Reports Financial Results for the First Quarter of 2024
Laureate Education, Inc. (LAUR)
Last laureate education, inc. earnings: 2/27 07:00 am
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Source: GlobeNewswire
MIAMI, May 02, 2024 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR), which operates five higher education institutions across Mexico and Peru, today announced financial results for the first quarter of 2024. First Quarter 2024 Highlights (compared to first quarter 2023): New enrollments increased 1%.Total enrollments increased 5%.On a reported basis, revenue increased 10% to $275.4 million. On an organic constant currency basis1, revenue increased 1% and was unfavorably affected by intra-year timing of semester start dates for certain programs as compared to the prior-year period.Operating income for the first quarter of 2024 was $11.1 million, compared to operating income of $15.6 million for the first quarter of 2023.Net loss for the first quarter of 2024 was $(10.8) million, compared to net loss of $(26.8) million for the first quarter of 2023.Adjusted EBITDA for the first quarter of 2024 was $30.6 million, compared to Adjusted EBITDA of $33.5 million for th
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News
- Earnings growth outpaced the favorable 40% return delivered to Laureate Education (NASDAQ:LAUR) shareholders over the last year [Yahoo! Finance]Yahoo! Finance
- Laureate Education, Inc. (NASDAQ:LAUR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Laureate Education (NASDAQ:LAUR) Posts Better-Than-Expected Sales In Q1 [Yahoo! Finance]Yahoo! Finance
- Laureate Education Reports Financial Results for the First Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
- Is Laureate Education (LAUR) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
LAUR
Earnings
- 5/2/24 - Miss
LAUR
Analyst Actions
- 2/27/24 - TheStreet
LAUR
Sec Filings
- 5/14/24 - Form 4
- 5/8/24 - Form 4
- 5/7/24 - Form 8-K
- LAUR's page on the SEC website