Laureate Education Raises Full-Year Outlook After Strong Q2 Performance
Laureate Education (NASDAQ:LAUR) raised its full-year outlook following a strong second-quarter performance, with revenue reaching $616 million and adjusted EBITDA totaling $251 million. Both metrics increased 8% year over year on a constant-currency basis, driven by stronger enrollment trends across the company's global operations. New enrollments rose 10% year to date through June, while total enrollments grew 6%. The growth was particularly notable in Mexico and Peru, where demand for fully online programs among working adults continued. Laureate also announced a $150 million increase to its share repurchase program after buying back $181 million of stock during the first half of 2026. The company plans additional campus expansions in Mexico and Peru and is investing in AI-enabled education technology. CFO Rick Buskirk highlighted that seasonal factors influence revenue patterns, with second-quarter results typically stronger due to academic calendars.
Topics: ebitda education enrollments revenue_growth share_repurchase