Laureate Education

Laureate Education to Participate at Upcoming Conferences in April

Retrieved on: 
Tuesday, April 2, 2024
Jefferies, American Summit, Morgan Stanley, Laureate Education, Conference, Paulo

Additionally, Eilif Serck-Hanssen, President and CEO of the Company, will deliver a presentation with analysts and investors at the Morgan Stanley Brazil Education Corporate Access Day, taking place on April 16, 2024 at Morgan Stanley offices in São Paulo.

Key Points: 
  • Additionally, Eilif Serck-Hanssen, President and CEO of the Company, will deliver a presentation with analysts and investors at the Morgan Stanley Brazil Education Corporate Access Day, taking place on April 16, 2024 at Morgan Stanley offices in São Paulo.
  • The presentation is scheduled to begin at approximately 11:00 AM EST.
  • Conference participation is by invitation only and registration is mandatory.
  • For more information on the conferences or to schedule a one-on-one or small group meeting with the Company's management, please contact a Jefferies or Morgan Stanley representative.

Laureate Education Reports Financial Results for the Fourth Quarter and Full-Year 2023 and Provides 2024 Outlook

Retrieved on: 
Thursday, February 22, 2024
Laureate Education, Laureate, Share repurchase, PEN, Interest, MXN, Growth, Adjustment, Line of credit, Faculty, GAAP, FX, Student, Video game

Operating income for the fourth quarter of 2023 was $110.0 million, compared to $78.0 million for the fourth quarter of 2022.

Key Points: 
  • Operating income for the fourth quarter of 2023 was $110.0 million, compared to $78.0 million for the fourth quarter of 2022.
  • Net income for the fourth quarter of 2023 was $41.7 million, compared to net income of $39.1 million for the fourth quarter of 2022.
  • Adjusted EBITDA for the fourth quarter of 2023 was $131.3 million, compared to $94.8 million for the fourth quarter of 2022.
  • Operating income for the fourth quarter of 2023 was $110.0 million, compared to $78.0 million for the fourth quarter of 2022, an increase of $32.0 million.

Laureate Education to Participate at Upcoming Conferences in March

Retrieved on: 
Thursday, March 7, 2024
Online, Laureate Education, Morgan Stanley, Conference, Jefferies

MIAMI, March 7, 2024 /PRNewswire/ -- Laureate Education, Inc. (NASDAQ: LAUR) (the "Company") today announced that its management team will present virtually at the Jefferies Virtual Online Education and e-Learning Summit on March 11, 2024.

Key Points: 
  • MIAMI, March 7, 2024 /PRNewswire/ -- Laureate Education, Inc. (NASDAQ: LAUR) (the "Company") today announced that its management team will present virtually at the Jefferies Virtual Online Education and e-Learning Summit on March 11, 2024.
  • The presentation is scheduled to begin at 11:30 a.m.
  • Additionally, the Company's management team will host one-on-one and small group meetings at the Morgan Stanley 16th Annual Latin America Executive Conference taking place on March 18-21, 2024, at Morgan Stanley Headquarters in New York City.
  • For more information on the conferences or to schedule a one-on-one or small group meeting with the Company's management, please contact a Jefferies or Morgan Stanley representative.

Laureate Education, Inc. Announces Appointment of Chief Legal Officer

Retrieved on: 
Monday, March 4, 2024
Laureate Education, Laureate, Senior, Woman, Ethics, Pennsylvania State University, Assistant, Communication, Growth, FIS, SunGard, Law, Trust, Software

MIAMI, March 4, 2024 /PRNewswire/ -- Laureate Education, Inc. (NASDAQ: LAUR) (the "Company") today announced the appointment of Leslie Brush as Senior Vice President, Chief Legal Officer, and Secretary, effective April 1, 2024.

Key Points: 
  • MIAMI, March 4, 2024 /PRNewswire/ -- Laureate Education, Inc. (NASDAQ: LAUR) (the "Company") today announced the appointment of Leslie Brush as Senior Vice President, Chief Legal Officer, and Secretary, effective April 1, 2024.
  • Ms. Brush previously served as Laureate's Deputy General Counsel and Secretary, and prior to that as Vice President, Assistant General Counsel, and Secretary.
  • Reporting to Laureate's President and Chief Executive Officer, Eilif Serck-Hanssen, Ms. Brush will be responsible for Laureate's legal operations, legal strategy, corporate governance, corporate compliance, regulatory matters, and ethics and compliance.
  • Before joining Laureate in 2019, Ms. Brush served as Chief Governance Officer, Vice President-Legal, and Secretary for software and solutions services company SunGard Data Systems (now part of FIS) for over 20 years.

Laureate Education Announces Date of Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

Retrieved on: 
Monday, January 29, 2024
Laureate Education, Interest

MIAMI, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) plans to release results for the quarter and fiscal year ended December 31, 2023, on Thursday, February 22, 2024, before the stock market opens.

Key Points: 
  • MIAMI, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) plans to release results for the quarter and fiscal year ended December 31, 2023, on Thursday, February 22, 2024, before the stock market opens.
  • Following the release, the Company will host a conference call with investors and analysts at 8:30 a.m.
  • ET to discuss the fourth quarter results and the Company's business outlook.
  • Interested parties are invited to listen to the earnings conference call by registering here to receive dial in information.

Rasmussen University Appoints Matthew Yale as Board Chairman and Welcomes Dr. Claire Zangerle to its Board of Directors

Retrieved on: 
Thursday, December 14, 2023
Yale University, Laureate Education, Texas A&M University, Queen's Nursing Institute, Master of Business Administration, Kent State University, Policy, AHN, Nursing management, Ariel Investments, Nursing, Rasmussen University, White, Allegheny Health Network, Texas Christian University, Workforce, American Academy, Student, Cleveland Clinic, Strategic planning, Investment, Lyceum-Northwestern University, American Academy of Nursing, Business administration, American Nurses Credentialing Center, University, Lake Erie College, Our Boarding House, Health care, Kathleen Rasmussen, Presidency of Barack Obama, Foreign Affairs Policy Board, Kellogg School of Management, Health, National Vanguard (American organization), Management, Education, Science

MINNEAPOLIS , Dec. 14, 2023 /PRNewswire/ -- Rasmussen University today announced changes to its Board of Directors, including the appointment of a new chairman and public member. Most notably, longtime chairman Dr. Henry S. Bienen has stepped down but will remain an integral part of the Board as a public member and chair of the Board's Academic Affairs Committee. Matthew Yale, who has been a public member of Rasmussen's Board since 2020, will assume the position of chairman effective immediately.   

Key Points: 
  • Matthew Yale, who has been a public member of Rasmussen's Board since 2020, will assume the position of chairman effective immediately.
  • "I extend my heartfelt congratulations to Matthew on his appointment to chairman of Rasmussen University's Board of Directors," said Dr. Bienen.
  • Rasmussen University is also excited to welcome Dr. Claire Zangerle, principal at CMZ Strategies, LLC, to its Board of Directors, further enriching the diverse perspectives on the Board.
  • Matthew Yale, newly appointed board chairman, expressed his enthusiasm about Dr. Zangerle's addition to the Board, saying, "We are thrilled to welcome Dr. Claire Zangerle to Rasmussen University's Board of Directors.

Laureate Education Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023

Retrieved on: 
Thursday, November 2, 2023
Adjustment, Laureate Education, EBITDA, GAAP, FX, MXN, PEN, Growth, Interest, Dividend, Student, Laureate, Investment, Cryptocurrency, Video game, Bookkeeping, Nursing, Holding company

Nine Months Ended September 30, 2023 Highlights (compared to nine months ended September 30, 2022):

Key Points: 
  • Nine Months Ended September 30, 2023 Highlights (compared to nine months ended September 30, 2022):
    On a reported basis, revenue increased 20% to $1,074.9 million.
  • Operating income for the nine months ended September 30, 2023 was $228.8 million, compared to operating income of $192.0 million for the nine months ended September 30, 2022.
  • Net income for the nine months ended September 30, 2023 was $65.5 million, compared to net income of $29.9 million for the nine months ended September 30, 2022.
  • Adjusted EBITDA for the nine months ended September 30, 2023 was $287.3 million, compared to Adjusted EBITDA of $244.1 million for the nine months ended September 30, 2022.

Laureate Education Announces Date of Third Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, October 11, 2023
Laureate Education, Interest, Cryptocurrency

MIAMI, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) plans to release results for the quarter ended September 30, 2023, on Thursday, November 2, 2023, before the stock market opens.

Key Points: 
  • MIAMI, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) plans to release results for the quarter ended September 30, 2023, on Thursday, November 2, 2023, before the stock market opens.
  • Following the release, the Company will host a conference call with investors and analysts at 8:30 a.m.
  • Interested parties are invited to listen to the earnings conference call by registering here to receive dial in information.
  • The webcast of the conference call, including replays, and a copy of the earnings release and the related slides will be made available through the Investor Relations section of the Company's website at www.laureate.net .

National Non-profit Leading Charge on Competency-based Learning Hires Proven Innovator and Educational Strategist

Retrieved on: 
Tuesday, September 26, 2023
Workforce, Walden University, Learning, Guild, Education, C. Ben Ross, Laureate Education, EVP, Senior advisor, University, Innovation, Government, Experiential learning, K-12, Institute of Learning Innovation, CBE, Management

NASHVILLE, Tenn., Sept. 26, 2023 /PRNewswire/ -- The Competency-Based Education Network (C-BEN), the nation's largest non-profit organization devoted to focusing education on what learners know and can do, announced the appointment of Lisa McIntyre-Hite, Ph.D. as the first executive vice president & COO of C-BEN Solutions — providing strategic guidance and implementation support to help K-12 and postsecondary institutions, state systems, and employers build, implement, and scale competency-based education, training, and credentialing programs. McIntyre-Hite brings two decades of experience in K-12 and higher education, ed tech, program and product development to her new role in supporting C-BEN's expanding consulting work with colleges, universities, training providers, state governments, and nonprofits.

Key Points: 
  • "We are seeing unprecedented demand for competency-based learning as skills-based hiring and persistent skill shortages and opportunity gaps lead employers, learners, and state leaders to embrace these solutions," said Charla Long, president of C-BEN.
  • "As a leader and practitioner, Lisa's expertise in designing efficient, accessible and personalized learning ecosystems enables us to enhance our consulting services and impact."
  • She also led Guild's Learning Center of Excellence, focused on improving learning outcomes for working adults.
  • McIntyre-Hite began her CBE journey as Executive Director of Learning Innovation at Laureate Education and was Walden University's founding Dean of Competency-Based Education, where she developed the university's direct-assessment offering.

26North Announces Addition of Seven Partners, Launches Direct Lending Team

Retrieved on: 
Wednesday, September 6, 2023
American Energy Partners, LP, Mace Head Atmospheric Research Station, Insurance, Executive, ABC Supply, JPMorgan Chase, Private equity, Goldman Sachs, Partner, Laureate Education, Goodman Global, Jacuzzi, GE Capital, Jordan, Connections Academy, McKinsey & Company, Marathon Asset Management, Berlitz Corporation, Hospital, McGraw Hill Education, Partnership, Apollo Education Group, Apollo Global Management, Cryptocurrency, Bank, EBITDA

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Today, 26North Partners LP (26North), a next-generation alternatives platform founded by Josh Harris, announced that seven new partners with deep experience across every aspect of the asset management industry have joined the firm: Larry Berg, Jon Garcia, Andrew Rabinowitz, David Yu, Michael Mastropaolo, Jordan Walter and Jorge Beruff. As 26North marks its first year, the company reported an increase in total assets under management to $12.7 billion.

Key Points: 
  • The seven new partners will deepen 26North's private equity, operations, direct lending and insurance capabilities.
  • "I'm thrilled to welcome these exceptional business builders and leaders who share my values and vision for 26North.
  • Larry Berg joins 26North as a Partner in private equity, working closely with Mark Weinberg, 26North's Head of Private Equity.
  • Three additional partners join 26North to support the launch of its new Direct Lending business under the leadership of Brendan McGovern.