Laureate Education reported a decrease in revenue and an increase in net loss for the first quarter of 2025 compared to the prior year, significantly impacted by the timing of semester start dates and foreign currency fluctuations. Despite the reported declines, the company noted favorable enrollment results and updated its full-year 2025 guidance upwards.
Laureate Education reported revenue of $423.4 million for Q4 2024, an increase of 3% compared to the prior year. Net income surged to $93.6 million, mainly driven by foreign currency exchange gains and higher operating income. Operating income reached $124.2 million, reflecting a solid improvement. Adjusted EPS for the quarter was $0.62.
Laureate Education reported a 2% increase in revenue to $368.6 million and a significant rise in net income to $85.3 million, driven by a discrete tax benefit and increased operating income. Adjusted EBITDA also grew to $91.4 million. The company is increasing its full-year constant currency outlook.
Laureate Education reported an 8% increase in revenue to $499.2 million and adjusted EBITDA of $186.9 million for the second quarter of 2024. Net income increased to $128.4 million, primarily driven by changes in foreign currency exchange rates. The company is maintaining its full-year constant currency outlook.
Laureate Education reported a 10% increase in revenue to $275.4 million. Operating income was $11.1 million, and the net loss was $(10.8) million. Adjusted EBITDA was $30.6 million.
Laureate Education reported an 18% increase in revenue to $409.4 million and operating income of $110.0 million for Q4 2023. Net income increased to $41.7 million, and Adjusted EBITDA was $131.3 million. The company also announced a new $100 million share repurchase authorization.
Laureate Education reported strong third-quarter results, with revenue increasing by 20% to $361.5 million. Operating income increased to $58.7 million, and net income rose to $36.0 million. The company also announced a special cash dividend of $0.70 per common share.
Laureate Education reported a 20% increase in revenue to $462.1 million and an operating income of $154.5 million for the second quarter of 2023. The company is raising its full-year 2023 guidance for both revenues and earnings.
Laureate Education reported a strong first quarter in 2023, with revenue increasing by 20% to $251.3 million and adjusted EBITDA increasing to $33.5 million. The company's performance was driven by increased enrollments in both Mexico and Peru. The company also updated its full-year 2023 guidance to reflect improved outlook.
Laureate Education reported a 17% increase in revenue to $346.3 million and an operating income of $78.0 million for the fourth quarter of 2022, compared to an operating loss of $(11.0) million in the same period of the previous year. Net income increased to $39.1 million, and Adjusted EBITDA rose to $94.8 million. The company's strategic priorities focus on sustainable growth, digital penetration, operational excellence, and academic quality.
Laureate Education reported a 12% increase in revenue to $301.0 million and an operating income of $56.3 million for the third quarter of 2022. Net income was $31.0 million, while Adjusted EBITDA was $72.8 million.
Laureate Education reported an 18% increase in revenue to $385.4 million and operating income of $126.6 million for the second quarter of 2022. Net income was $43.6 million, compared to a net loss of $(29.2) million in the second quarter of 2021. Adjusted EBITDA was $144.1 million, compared to $107.1 million for the same period last year. The company increased its full-year 2022 guidance due to the momentum in its business.
Laureate Education reported an 8% increase in revenue to $209.6 million and an adjusted EBITDA increase to $27.2 million for the first quarter of 2022. The company's strategic growth initiatives in Mexico and Peru positively impacted performance, leading to increased full-year 2022 guidance.
Laureate Education reported a 4% increase in revenue to $296.7 million for Q4 2021. The company experienced an operating loss of $(11.0) million but net income of $37.8 million, which includes discontinued operations. Adjusted EBITDA was $60.7 million.
Laureate Education reported a 10% increase in revenue to $267.7 million, driven by higher enrollment in Peru. Operating income was $35.1 million, a significant improvement from the previous year's operating loss. Net income reached $360.1 million, primarily due to the gain on the sale of Walden University. Adjusted EBITDA increased to $75.9 million.
Laureate Education reported an 8% increase in revenue to $327.6 million and an increase in operating income to $57.7 million for Q2 2021. The company experienced a net loss of $(29.2) million, primarily due to a loss on debt extinguishment. Adjusted EBITDA increased to $107.1 million.
Laureate Education reported a revenue increase of 1% to $194.7 million and an adjusted EBITDA of $9.7 million for the first quarter of 2021. New enrollments increased by 59%, and total enrollments were up by 2%. The company also announced a $200 million increase in its share buyback authorization, bringing the total to $500 million.
Laureate Education reported a decrease in revenue and operating income for the fourth quarter of 2020, primarily due to the weakening of foreign currencies and the impact of the COVID-19 pandemic. However, net income increased due to the gain on the sale of operations in Australia and New Zealand. The company is focusing on its operational priorities in Mexico and Peru and expects to complete pending divestitures in 2021.
Laureate Education reported a decrease in revenue for Q3 2020, driven by currency fluctuations. The company experienced an increased operating loss due to impairment charges but saw an increase in Adjusted EBITDA, aided by tight cost controls and productivity initiatives. The company also announced a new share repurchase authorization.
Laureate Education, Inc. reported a decrease in revenue by 20% to $791.7 million compared to the second quarter of 2019. The operating loss was $(254.8) million, and the net loss was $(311.6) million. Adjusted EBITDA was $259.0 million, a decrease of $39.8 million compared to the previous year.
Laureate Education reported a decrease in revenue and Adjusted EBITDA for the first quarter of 2020, primarily due to the COVID-19 pandemic and the weakening of foreign currencies. The company is implementing cost reductions and continuing its strategic review process to unlock value.
Laureate Education reported strong Q4 2019 performance with revenue of $883.2 million and operating income increasing by 15% to $155.3 million. Net income was $60.6 million and Adjusted EBITDA was $243.6 million, up 11% compared to Q4 2018.