Laureate Education (LAUR) Misses Q3 EPS by 16c, Revenues Miss

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Go back to Laureate Education (LAUR) Misses Q3 EPS by 16c, Revenues Miss

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

November 8, 2018 8:00 AM EST

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... More