secwatch.observer — SEC 8-K summary
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Issuer:     LAUREATE EDUCATION, INC. (LAUR)
CIK:        0000912766
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001628280-24-019782
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Laureate Q1 revenue up 10% to $275.4M; net loss narrows; raises FY2024 guidance
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- Revenue $275.4M (+10% reported, +1% organic constant currency); total enrollments +5% vs prior year.
- Operating income $11.1M (down from $15.6M); Adjusted EBITDA $30.6M (down from $33.5M) due to academic calendar timing.
- Net loss $(10.8)M vs $(26.8)M; diluted EPS $(0.07); cash $126.2M, net debt $102.0M.
- FY2024 guidance raised: revenue $1,566-$1,581M (6-7% growth); Adjusted EBITDA $446-$456M (6-9% growth).
- New enrollments +1% (Peru -3%, Mexico +7%); total enrollments +5% (Peru +1%, Mexico +9%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912766/000162828024019782/0001628280-24-019782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912766/000162828024019782/laur-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-019782

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