Laureate Education (LAUR) Reports Q1 EPS of $0.85, Revenues Beat; Offers FY19 Revenue Guidance Below Consensus
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Laureate Education Reports First Quarter 2019 Financial Results
May 9, 2019 7:02 AM EDTBALTIMORE, May 09, 2019 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) today announced financial results for the first quarter 2019.
First Quarter 2019 Highlights (compared to first quarter 2018):
New enrollments increased 8% on an organic basis.Revenue of $621.8 million was up 4% on an organic constant currency basis1. On a reported basis, revenue decreased (2)% and was affected by the weakening of foreign currencies against the US Dollar.Operating loss decreased $8.1... More