Laureate Education (LAUR) Posts Q2 EPS of $0.28, Revs Beat Views

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Go back to Laureate Education (LAUR) Posts Q2 EPS of $0.28, Revs Beat Views

Laureate Education Reports Second Quarter and Six Months Ended June 30, 2017 Financial Results

August 8, 2017 4:12 PM EDT

BALTIMORE, Aug. 08, 2017 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR), the global leader in higher education, today announced financial results for the second quarter and the six months ended June 30, 2017.

Second Quarter 2017 Highlights (compared to second quarter 2016):

Revenue increased 4% to $1,277.4 million; up 8% on an organic constant currency basisOperating income increased by $33.3 million to $243.9 million, including a $22.8 million one-time charge  related to the debt refinancing transactions that were completed during the second quarter of 2017Net income for the quarter was $117.1 million,... More