Laureate Education (LAUR) Posts Q2 EPS of $0.28, Revs Beat Views
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Laureate Education Reports Second Quarter and Six Months Ended June 30, 2017 Financial Results
August 8, 2017 4:12 PM EDTBALTIMORE, Aug. 08, 2017 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR), the global leader in higher education, today announced financial results for the second quarter and the six months ended June 30, 2017.
Second Quarter 2017 Highlights (compared to second quarter 2016):
Revenue increased 4% to $1,277.4 million; up 8% on an organic constant currency basisOperating income increased by $33.3 million to $243.9 million, including a $22.8 million one-time charge related to the debt refinancing transactions that were completed during the second quarter of 2017Net income for the quarter was $117.1 million,... More