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Laureate Education, Inc. - LAUR STOCK NEWS

Welcome to our dedicated page for Laureate Education news (Ticker: LAUR), a resource for investors and traders seeking the latest updates and insights on Laureate Education stock.

Laureate Education, Inc. (NASDAQ: LAUR) stands as the largest global network of degree-granting higher education institutions. With an impressive enrollment of more than one million students across over 70 institutions in 25 countries, Laureate is a leader in the education sector. The company offers high-quality, career-oriented undergraduate, graduate, and specialized degree programs in a diverse array of academic disciplines such as architecture, business, design, education, engineering, health sciences, medicine, law, and hospitality management.

Laureate’s mission is deeply rooted in the belief that society thrives when its students, professors, and employees contribute positively to their communities. This philosophy is encapsulated in their motto ‘here for good,’ which underscores their commitment to creating lasting social impact. In alignment with these values, Laureate is a certified B Corporation® and has been operating as a U.S. public benefit corporation since 2015.

The company’s geographical segments include robust operations in Peru and Mexico. Laureate operates five institutions in these regions, enrolling over 420,000 students. These institutions are dedicated to academic excellence and innovation, striving for market-leading employability outcomes and working to make higher education more accessible.

Laureate’s financial health is strong, as evidenced by its recent achievements and ongoing projects. For example, the company has announced an increase in full-year 2023 guidance and a new $100 million share repurchase authorization, reflecting confidence in its operational and financial strategies. Additionally, Laureate has declared a special cash dividend of $0.70 per common share, further demonstrating its commitment to shareholder returns.

Laureate continues to innovate and expand its offerings, ensuring that students receive the best possible education and training. The company’s emphasis on integrating technology and optimizing internal processes through initiatives like Excellence-in-Process (EiP) reflects its dedication to operational efficiency and academic quality.

For more information, the latest news, and updates, interested parties can visit the company's Investor Relations section on their website at www.laureate.net.

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Laureate Education (NASDAQ: LAUR) has announced that it will release its second quarter 2024 financial results on Thursday, August 1, 2024, before the market opens. A conference call for investors and analysts will follow at 8:30 a.m. ET to discuss the results and the company's outlook.

The earnings call will be accessible via a webcast, with replays available on Laureate's website. Laureate operates five higher education institutions in Mexico and Peru, serving nearly 450,000 students through a mix of campus-based and online programs.

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Laureate Education (NASDAQ: LAUR) has elected William J. Davis to its Board of Directors and appointed him to the Audit & Risk Committee. Davis, the CEO of ABC Fitness Solutions, brings over 30 years of operational, financial, and technology experience. Additionally, Andrew B. Cohen, co-founder of Cohen Private Ventures, will become Chair of the Board on September 10, 2024, succeeding Kenneth W. Freeman, who has served since 2019. Freeman will remain on the Board. The appointments aim to drive growth and enhance corporate governance.

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Laureate Education, Inc. (NASDAQ: LAUR) reported financial results for Q1 2024, with revenue increasing 10% to $275.4 million. New enrollments went up by 1%, while total enrollments increased by 5%. Operating income was $11.1 million, net loss was $(10.8) million, and Adjusted EBITDA was $30.6 million. The company increased its full-year 2024 guidance, expecting growth in total enrollments, revenues, and Adjusted EBITDA.

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Laureate Education, Inc. (LAUR) is set to announce its Q1 2024 results on May 2, 2024. The company will host a conference call to discuss the financial results and business outlook.
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Laureate Education, Inc. (LAUR) announces participation in upcoming investor conferences with one-on-one meetings and presentations by CEO Eilif Serck-Hanssen. The Company will be at the Jefferies Latin American Summit on April 9-10, 2024, and at the Morgan Stanley Brazil Education Corporate Access Day on April 16, 2024.
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Laureate Education, Inc. (LAUR) will present at the Jefferies Virtual Online Education and e-Learning Summit on March 11, 2024, and participate in the Morgan Stanley 16th Annual Latin America Executive Conference from March 18-21, 2024. Management will host meetings at both events.
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Laureate Education, Inc. appoints Leslie Brush as Senior Vice President, Chief Legal Officer, and Secretary, effective April 1, 2024. Ms. Brush brings extensive legal experience from her previous roles and will oversee legal operations, strategy, governance, compliance, and ethics. The appointment reflects the company's focus on female leadership and continuity in legal expertise.
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Laureate Education, Inc. announces a new $100 million share repurchase authorization alongside positive financial results for the fourth quarter and year ended December 31, 2023. The company reported revenue growth, increased operating income, net income, and adjusted EBITDA. New enrollments and total enrollments also saw growth in 2023. The company's strong balance sheet allowed for a special cash dividend and the new stock repurchase program.
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Laureate Education, Inc. (NASDAQ: LAUR) is set to release its financial results for the quarter and fiscal year ended December 31, 2023, on February 22, 2024. The company will also hold a conference call to discuss the results and business outlook. Interested parties can register to listen to the earnings conference call and access the webcast, replays, and related materials through the Investor Relations section of the company's website at www.laureate.net.
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Laureate Education, Inc. (NASDAQ: LAUR) announced a special cash dividend of $0.70 per common share declared by its Board of Directors. The company reported a 20% increase in revenue for the third quarter of 2023 compared to the same period last year. Operating income and net income also increased. For the nine months ended September 30, 2023, revenue increased by 20% on a reported basis. New enrollments and total enrollments also saw positive growth. The company's balance sheet remains strong with $130.9 million in cash and net debt of $3.8 million as of September 30, 2023.
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FAQ

What is Laureate Education, Inc.?

Laureate Education, Inc. (NASDAQ: LAUR) is a global network of degree-granting higher education institutions, enrolling over one million students across more than 70 institutions in 25 countries.

What academic programs does Laureate offer?

Laureate offers a wide range of undergraduate, graduate, and specialized degree programs in fields such as architecture, business, design, education, engineering, health sciences, medicine, law, and hospitality management.

What is Laureate’s mission?

Laureate’s mission is to create positive and enduring change through education. This is encapsulated in their motto 'here for good,' and their status as a certified B Corporation® and U.S. public benefit corporation.

Where does Laureate operate?

Laureate operates in 25 countries with significant operations in Peru and Mexico, encompassing more than 420,000 students enrolled in five institutions.

What recent achievements has Laureate announced?

Laureate has recently increased its full-year 2023 guidance, announced a $100 million share repurchase authorization, and declared a special cash dividend of $0.70 per common share.

How does Laureate ensure academic quality?

Laureate is committed to academic quality through innovation, market-leading employability outcomes, and making higher education more accessible.

How can I find the latest news about Laureate?

The latest news and updates about Laureate Education, Inc. can be found in the Investor Relations section of their website at www.laureate.net.

What is the EiP initiative?

The Excellence-in-Process (EiP) initiative aims to optimize and standardize Laureate’s processes, including procurement, IT, finance, accounting, and human resources, enhancing overall operational efficiency.

How does Laureate impact society?

Laureate believes in using education to create positive societal impacts. Their philosophy 'here for good' drives their commitment to community service and sustainable practices.

Who can I contact for investor relations inquiries?

For investor relations inquiries, you can contact ir@laureate.net or reach out to Adam Smith at adam.smith@laureate.net, U.S.: +1 (443) 255 0724.

Laureate Education, Inc.

Nasdaq:LAUR

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2.35B
155.16M
9.61%
90.41%
3.04%
Colleges, Universities, and Professional Schools
Educational Services
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United States of America
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