Laureate Education (LAUR) Misses Q2 EPS by 17c, Offers Guidance

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Go back to Laureate Education (LAUR) Misses Q2 EPS by 17c, Offers Guidance

Laureate Education Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022

August 4, 2022 7:30 AM EDT

MIAMI, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR), which operates five universities across Mexico and Peru, today announced financial results for the second quarter and six months ended June 30, 2022.

Second Quarter 2022 Highlights (compared to second quarter 2021):

On a reported basis, revenue increased 18% to $385.4 million. On an organic constant currency basis1, revenue increased 17%.Operating income for the second quarter of 2022 was $126.6 million, compared to $57.7 million for the second quarter of... More