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Stock impact report

Laureate Education Reports Third Quarter and Nine Months Ended September 30, 2018 Financial Results for Continuing Operations

Laureate Education, Inc. (LAUR) 
Last laureate education, inc. earnings: 2/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.laureate.net
Company Research Source: GlobeNewswire
BALTIMORE, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) today announced financial results for the third quarter and the nine months ended September 30, 2018. As further described below, we have classified all of the currently planned divestitures of our campus-based operations in the U.S., Europe, Asia and Central America as discontinued operations. Unless indicated otherwise, the results presented below relate to continuing operations. Third Quarter 2018 Highlights (compared to third quarter 2017): Revenue of $787.1 million was up 3% on an organic constant currency basis1. On a reported basis, revenue decreased 4% due to weakening of foreign currencies against the US Dollar.Operating income increased 3% or $0.7 million to $25.6 million.Net loss for the quarter (including discontinued operations) was $96.7 million compared to a loss of $103.5 million for the third quarter 2017.Adjusted EBITDA increased by $20.6 million to $120.5 million; up 28% on an o Show less Read more
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