secwatch.observer — SEC 8-K summary
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Issuer:     LAUREATE EDUCATION, INC. (LAUR)
CIK:        0000912766
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001628280-23-015442
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Laureate Education Q1 revenue +20% to $251.3M; raises full-year guidance
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- Q1 revenue $251.3M (+20% YoY); operating income $15.6M vs $9.0M; net loss improved to $(26.8)M from $(44.7)M.
- New enrollments +17% and total enrollments +8% YoY, driven by strong growth in Mexico and Peru.
- Adjusted EBITDA $33.5M vs $27.2M; FY2023 guidance raised: revenue $1,412-$1,427M, Adjusted EBITDA $398-$406M.
- Balance sheet strong: cash $130.6M, gross debt $266.2M, net debt $135.6M; 157.2M shares outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912766/000162828023015442/0001628280-23-015442-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912766/000162828023015442/laur-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-015442

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