Laureate Education Reports Financial Results For the Third Quarter and Nine Months Ended September 30, 2024
Laureate Education, Inc. (LAUR)
Last laureate education, inc. earnings: 2/27 07:00 am
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Source: GlobeNewswire
MIAMI, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR), which operates five higher education institutions across Mexico and Peru, today announced financial results for the third quarter and nine months ended September 30, 2024. Third Quarter 2024 Highlights (compared to third quarter 2023): On a reported basis, revenue increased 2% to $368.6 million. On an organic constant currency basis1, revenue increased 9%.Operating income for the third quarter of 2024 was $72.0 million, compared to operating income of $58.7 million for the third quarter of 2023.Net income for the third quarter of 2024 was $85.3 million, compared to net income of $36.0 million for the third quarter of 2023. The increase in net income was due to a discrete tax benefit recorded during the third quarter of 2024 of approximately $37.9 million as well as an increase in operating income.Adjusted EBITDA for the third quarter of 2024 was $91.4 million, compared to Adjusted EBITDA of $78.4 mil
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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