Wednesday, August 9, 2017

Laureate reports $117 million in second quarter

Laureate Education Inc. turned a $117 million profit in the second quarter as revenue and enrollment grew. Baltimore-based Laureate reported earnings of 28 cents per share. In the second quarter last year Laureate reported earnings of $347.4 million or $2.59 per share, but the company said those results included a gain of approximately $243.3 million related to the sale of hospitality management schools in Switzerland. Laureate’s revenue in the second quarter increased 4 percent to $1.28 billion…


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