Laureate Education, Inc. reports recurring developments from its higher education business in Mexico and Peru, where it operates five institutions. Company news centers on quarterly and annual results, new and total enrollment trends, revenue on reported and constant-currency bases, operating income, Adjusted EBITDA, and guidance updates.
Updates also cover factors that affect period-to-period performance, including academic calendar timing, foreign currency movements, campus expansion and new campus investments. Laureate news may also include capital allocation actions such as share repurchase authorizations and commentary on fully online offerings in Peru and operating performance in Mexico.
Laureate Education (LAUR) announced that its Peruvian subsidiary UPC acquired UCAL for approximately $35 million, expanding its presence in Metropolitan Lima.
Universidad Peruana de Ciencias Aplicadas (UPC) acquired all the capital stock of Universidad de Ciencias y Artes de América Latina (UCAL) on November 5, 2026. The purchase price includes campus real estate valued at approximately $25 million. The newly acquired campus currently serves nearly 2,500 students and has capacity for approximately 5,000 students.
Laureate said the transaction addresses strong demand in Metropolitan Lima, where UPC has limited options to expand its existing campus. UCAL will become part of UPC upon completion of an integration process.
Laureate Education (LAUR) reported third-quarter revenue of $485.1 million, reaffirmed its full-year outlook and increased its share repurchase authorization. Revenue rose 21% year over year, or 14% excluding currency fluctuations. Operating income reached $119.1 million versus $71.5 million, while net income rose to $101.2 million from $34.4 million, helped by a $25.4 million discrete tax benefit.
Nine-month revenue increased 18% to $1,373.6 million, with new enrollments up 9% and total enrollments up 6%. Laureate expects academic-calendar timing benefits to revenue and adjusted EBITDA to reverse in the fourth quarter. The $150 million authorization increase leaves up to approximately $225.2 million available, based on repurchases through September 30. Full-year revenue guidance remains $1,920 million–$1,930 million, with adjusted earnings per share of $2.04–$2.10.
Laureate Education (NASDAQ: LAUR) plans to release its third-quarter 2026 results on October 29, 2026, before the stock market opens. The results cover the quarter ended September 30, 2026. A conference call with investors and analysts will follow at 8:30 a.m. ET to discuss the results and business outlook. The webcast, replays, earnings release and related slides will be available on the company's Investor Relations website.
Covista (NYSE: CVSA) announced leadership changes to support its three-year Purpose at Scale growth strategy, which focuses on operational excellence, platform extension, employer integration and technology. Scott Liles expands his remit to become Chief Strategy and Performance Officer while continuing as President of the Medical and Veterinary segment, leading corporate strategy and a new Performance Acceleration Office and reporting to Chairman and CEO Steve Beard.
Rick Sinkfield will join Covista on August 10 as Vice President of Expansion, reporting to Beard and joining the senior leadership team. According to Covista, Sinkfield will oversee enterprise-wide expansion, including Chamberlain University campus growth and other portfolio initiatives, leveraging more than two decades of growth, legal and compliance experience in complex, regulated markets.
Laureate Education (NASDAQ: LAUR) reported second quarter 2026 revenue of $615.9 million, up 17% year over year (8% in constant currency), operating income of $223.4 million, net income of $137.1 million and Adjusted EBITDA of $250.6 million. Basic and diluted EPS were $0.98.
For the first six months of 2026, revenue rose 17% to $888.5 million, net income increased to $115.5 million and Adjusted EBITDA reached $248.2 million, with approximately $9 million of unfavorable academic calendar timing. New enrollments grew 10% and total enrollments 6% to 501,400 students.
Laureate ended June 30, 2026 with $161.7 million in cash, $223.2 million in gross debt and net debt of $61.5 million. The board approved a $150 million increase to the share repurchase authorization after $76 million of buybacks in the first half. The company raised its 2026 outlook, now guiding to revenues of $1.92–$1.93 billion, Adjusted EBITDA of $593–$599 million, Adjusted EPS of $2.04–$2.10 and total enrollments of 518,000–523,000.
Laureate Education (NASDAQ: LAUR) announced a three-year agreement with Google Cloud to accelerate AI capabilities across its universities in Mexico and Peru, which together serve about 500,000 students. The collaboration will introduce cloud infrastructure, productivity tools, and AI solutions including Gemini Enterprise, Gemini for Education, Google Cloud Platform, Google Workspace for Education, and Google Cloud Skills Boost.
According to Laureate Education, these tools are intended to unify data across hundreds of applications, support more personalized learning, improve student success and employability, and modernize teaching and operations, with implementation and change‑management services tailored to local academic and regulatory requirements.
Laureate Education (NASDAQ: LAUR) will release second quarter 2026 results on Thursday, July 30, 2026, before the market opens, followed by an 8:30 a.m. ET conference call with investors.
The earnings release, webcast, replays, and slides will be available in the Investor Relations section of www.laureate.net.
Laureate Education (NASDAQ: LAUR) elected Julian Coulter as an independent director at its 2026 Annual Meeting of Stockholders. Coulter, a senior Google executive with digital, marketing, and operating experience, joins as Kenneth Freeman and Judith Rodin step down. The Board now has nine members, eight independent.
Laureate Education (NASDAQ: LAUR) reported Q1 2026 results: revenue $272.6M (up 15% reported; +1% constant currency), operating loss $(27.5)M, net loss $(21.6)M, and Adjusted EBITDA $(2.3)M. The company repurchased approximately $105M of stock in Q1 and ended March 31 with $157.4M cash and $59.7M net debt. Laureate raised full-year 2026 Adjusted EPS guidance to $2.00–$2.08 and maintained 2026 revenue and Adjusted EBITDA ranges.
Laureate Education (NASDAQ: LAUR) will release first quarter 2026 results for the quarter ended March 31, 2026, on Thursday, April 30, 2026 before the market opens. A conference call for investors and analysts follows at 8:30 a.m. ET.
The webcast, replay, earnings release and related slides will be available via the company’s Investor Relations website. Laureate operates five higher education institutions in Mexico and Peru, enrolling approximately 500,000 students across campus and online programs.