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Laureate Education: Q4 Earnings Snapshot

Laureate Education: Q4 Earnings Snapshot

By AP News
Published - Feb 23, 2023, 08:19 AM ET
Last Updated - Jun 22, 2023, 07:58 PM EDT

MIAMI (AP) — MIAMI (AP) — Laureate Education Inc. (LAUR) on Thursday reported fourth-quarter profit of $39.2 million.

The Miami-based company said it had profit of 25 cents per share. Earnings, adjusted to account for discontinued operations, came to 22 cents per share.

The for-profit higher education purveyor posted revenue of $346.3 million in the period.

For the year, the company reported profit of $69.6 million, or 41 cents per share. Revenue was reported as $1.24 billion.

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