Laureate Education (LAUR) Reports Q2 Loss of $1.47, Offers FY Guidance

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Go back to Laureate Education (LAUR) Reports Q2 Loss of $1.47, Offers FY Guidance

Laureate Education Reports Second Quarter and Six Months Ended June 30, 2020 Financial Results

August 6, 2020 7:00 AM EDT

Company Increases Its Full-Year 2020 GuidanceSigned Agreement to Sell Australia and New Zealand Businesses for $643 Million

BALTIMORE, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) today announced financial results for the second quarter and six months ended June 30, 2020.

Second Quarter 2020 Highlights (compared to second quarter 2019):

On a reported basis, revenue decreased 20% to $791.7 million, due primarily to the weakening of foreign currencies against the US Dollar and impacts from the COVID-19... More