Laureate Education raises 2024 guidance on currency; Q1 revenue up 10%
Laureate Education reported first-quarter 2024 revenue of $275.4 million, up 10% as reported but up 1% on an organic constant currency basis. Its net loss narrowed to $(10.8) million from $(26.8) million, while Adjusted EBITDA fell to $30.6 million from $33.5 million. The company raised its full-year 2024 revenue and Adjusted EBITDA guidance, citing more favorable currency rates.
Key points
- Q1 2024 revenue $275.4 million, up 10% as reported and 1% on an organic constant currency basis
- Net loss $(10.8) million vs. $(26.8) million a year earlier; loss per share $(0.07) vs. $(0.17)
- Operating income $11.1 million vs. $15.6 million; Adjusted EBITDA $30.6 million vs. $33.5 million
- 2024 revenue now expected at $1,566 million to $1,581 million; Adjusted EBITDA at $446 million to $456 million
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.