Laureate Education Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2024
Laureate Education, Inc. (LAUR)
Last laureate education, inc. earnings: 2/27 07:00 am
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Source: GlobeNewswire
MIAMI, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR), which operates five higher education institutions across Mexico and Peru, today announced financial results for the second quarter and six months ended June 30, 2024. Second Quarter 2024 Highlights (compared to second quarter 2023): On a reported basis, revenue increased 8% to $499.2 million. On an organic constant currency basis1, revenue increased 7%.Operating income for the second quarter of 2024 was $166.6 million, compared to operating income of $154.5 million for the second quarter of 2023.Net income for the second quarter of 2024 was $128.4 million, compared to net income of $56.3 million for the second quarter of 2023. The increase in net income was mainly driven by the effect of changes in foreign currency exchange rates on intercompany balances compared to the 2023 quarter.Adjusted EBITDA for the second quarter of 2024 was $186.9 million, compared to Adjusted EBI
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LAUR
Earnings
- 8/1/24 - Beat
LAUR
Sec Filings
- 12/13/24 - Form 8-K
- 11/27/24 - Form 4
- 11/13/24 - Form 4
- LAUR's page on the SEC website