Laureate Education (LAUR) Tops Q2 EPS by 33c

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Go back to Laureate Education (LAUR) Tops Q2 EPS by 33c

Laureate Education Reports Second Quarter and Six Months Ended June 30, 2018 Financial Results

August 9, 2018 7:45 AM EDT

BALTIMORE, Aug. 09, 2018 (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, 2018.

Second Quarter 2018 Highlights (compared to second quarter 2017):

Revenue of $1,247.9 million was up 3% on an organic constant currency basis1. On a reported basis, revenue decreased 2% due to asset dispositions in prior periods.Operating income increased 9% or $21.9 million to $265.8 million.Net income for the quarter was $224.0 million, which includes a one-time $111.7 million... More