secwatch.observer — SEC 8-K summary
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Issuer:     LAUREATE EDUCATION, INC. (LAUR)
CIK:        0000912766
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001104659-21-100421
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Laureate raises FY 2021 guidance after strong Q2; revenue up 8%, Adj EBITDA +14%
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- Q2 revenue $327.6M (+8% reported, +9% organic constant currency); operating income $57.7M vs $29.1M.
- Adjusted EBITDA $107.1M vs $94.1M; net loss $(29.2)M includes $77.9M loss on debt extinguishment.
- Six-month new enrollments +13%, total enrollments +9%; Peru enrollments +18%.
- FY 2021 guidance raised: revenue $1,025-$1,065M; Adjusted EBITDA $205-$215M.
- Cash $533M, gross debt $179M; expects ~$1.3B net proceeds from Walden sale.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912766/000110465921100421/0001104659-21-100421-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912766/000110465921100421/tm2124085d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-100421

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer