MIAMI (AP) — MIAMI (AP) — Laureate Education Inc. (LAUR) on Thursday reported net income of $171.6 million in its fourth quarter.
The Miami-based company said it had profit of $1.17 per share. Earnings, adjusted for one-time gains and costs, came to 76 cents per share.
The for-profit higher education purveyor posted revenue of $541.4 million in the period.
For the year, the company reported profit of $281.6 million, or $1.89 per share. Revenue was reported as $1.7 billion.
Laureate Education expects full-year earnings in the range of $1.95 to $2.03 per share, with revenue in the range of $1.89 billion to $1.91 billion.
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