LAUR - Laureate Education reports Q3 results

Laureate Education (LAUR): Q3 GAAP EPS of -$3.73 vs. -$0.43 in year ago quarterRevenue of $243.5M (-12.2% Y/Y).Outlook: Total enrollments estimated to be ~325K students; Revenues estimated to be in the range of $1,000 to $1,020M; Adjusted EBITDA estimated to be in the range of $185 to $195M; Free Cash Flow expected to be in the range of $150 to $170M.Following completion of all pending asset sales, Laureate anticipates being able to further reduce its trailing 12-month Corporate overhead expenses by 70-80%.Press Release

For further details see:

Laureate Education reports Q3 results