Laureate Education Inc

NASDAQ:LAUR   3:59:52 PM EDT
12.58
+0.01 (+0.08%)
Debt Financing / Related, Earnings Announcements, Bankruptcy / Related

Laureate Education - Board Approved Plan Of Partial Liquidation In Connection With Previously Disclosed Sale Of Walden E-Learning Llc

Published: 09/15/2021 20:42 GMT
Laureate Education Inc (LAUR) - Laureate Education - Board Approved Plan of Partial Liquidation in Connection With Previously Disclosed Sale of Walden E-learning Llc.
Laureate Education - Pursuant to Plan, Gross Proceeds From Sale, Less Expenses Related to Sale, to Be Distributed to Co's Stockholders Before 2022 End.
Laureate Education - Notwithstanding Adoption of Plan, Expects to Continue Operating As Going Concern & Publicly Traded Co.
Laureate Education - Board Approved Payment of Special Cash Distribution of $7.01 per Share of Co's Class A & Class B Common Stock.
Revenue is expected to be $370.7 Million
Adjusted EPS is expected to be $0.42

Next Quarter Revenue Guidance is expected to be $300.35 Million
Next Quarter EPS Guidance is expected to be $0.30

More details on our Analysts Page.