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Laureate Education Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2025
Globenewswire· 2025-10-30 11:30
Core Insights - Laureate Education, Inc. reported strong financial results for Q3 2025, with a revenue increase of 9% to $400.2 million compared to Q3 2024, driven by favorable operating performance and a weaker U.S. dollar [5][7][8] - The company announced a $150 million increase in its stock buyback authorization, reflecting confidence in its strong balance sheet and cash flow generation [5][15] - The outlook for full-year 2025 has been updated to reflect positive enrollment trends and improved foreign currency rates, with expected revenue growth of 7%-8% [21][17] Q3 2025 Financial Highlights - Revenue increased by 9% to $400.2 million, with an organic constant currency increase of 4% [7][8] - Operating income was $71.5 million, slightly down from $72.0 million in Q3 2024 [8] - Net income decreased to $34.4 million from $85.3 million in Q3 2024, primarily due to foreign currency exchange losses and a prior-year tax benefit [8][10] - Adjusted EBITDA rose to $94.8 million from $91.4 million in Q3 2024 [9][37] Nine Months Ended September 30, 2025 Highlights - Revenue for the nine months increased by 2% to $1,160.5 million, with a 6% increase on an organic constant currency basis [11][12] - Operating income for the nine months was $251.6 million, up from $249.8 million in the prior year [11] - Net income for the nine months was $112.3 million, down from $202.8 million, impacted by foreign currency exchange losses and a prior-year tax benefit [11][12] - Adjusted EBITDA for the nine months was $314.7 million, compared to $308.9 million in the previous year [12][37] Enrollment Trends - New enrollments increased by 7% for the nine months ended September 30, 2025, with total enrollments up by 6% [10][11] - In Peru, new enrollments rose by 13% and total enrollments by 8%, while in Mexico, both new and total enrollments increased by 4% [10] Balance Sheet and Capital Structure - As of September 30, 2025, the company had $241.0 million in cash and cash equivalents, with gross debt of $102.4 million, resulting in net cash of $138.6 million [13][14] - The company repurchased approximately $71 million of its common stock during the nine months ended September 30, 2025, with $27 million remaining under the existing stock repurchase program [14][15] Updated Outlook for Fiscal 2025 - The company expects total enrollments to reach approximately 494,000 students, reflecting a growth of 5% compared to 2024 [21] - Revenue is projected to be in the range of $1,681 million to $1,686 million, indicating growth of 7%-8% on an as-reported basis [21] - Adjusted EBITDA is expected to be between $508 million and $512 million, reflecting growth of 13%-14% on an as-reported basis [21]
As Gen Z faces the white collar freeze in hiring, law and business school applications are soaring
Yahoo Finance· 2025-10-28 15:57
Good news for law schools and MBA programs: applications are on the rise. Amid a challenging job market, students are turning to what they see as a safer bet—skilling up in hopes of becoming more attractive to prospective employers. Gen Z graduates have faced a difficult path to landing full-time roles out of college. The entry-level job market has been challenging, with limited opportunities and the threat that AI tools will automate their roles. Instead of facing the bleak job market head-on, law school ...
How New Private Universities Might Reshape China's Higher Education丨CBN Perspective
2 1 Shi Ji Jing Ji Bao Dao· 2025-10-24 12:01
Core Insights - A new wave of elite, heavily funded research universities in China is challenging the dominance of traditional public universities, attracting top students with competitive admissions standards [1][2][3] Summary by Sections Emergence of New Universities - Recently established universities like Westlake University, Fuyao University of Science and Technology (FYUST), and Ningbo Eastern Institute of Technology (EIT) have posted minimum cutoff scores that exceed those of traditional top-tier schools [2] - These institutions are part of a philanthropic effort by Chinese entrepreneurs to promote "scientific self-reliance" through education [3] Governance and Operational Model - The new universities utilize a board-of-trustees model, which allows for greater autonomy and quicker responses to societal and industrial needs, contrasting with the bureaucratic inefficiencies of public institutions [4][5] - This governance model enables a focused approach to education that aligns closely with national scientific research strategies [6] Focus on Key Industries - Several new universities are strategically located in key economic hubs and focus on specific fields such as AI, integrated circuits, and life sciences, directly addressing industry needs [7][8] - FYUST, for example, has launched majors in intelligent manufacturing and new materials, aligning with China's advanced manufacturing objectives [8] Enrollment and Student Support - These universities maintain low student-to-faculty ratios, with Westlake University enrolling fewer than 100 undergraduates annually and FYUST around 5:1, which is significantly lower than traditional universities [11] - FYUST charges an annual tuition fee of 5,460 yuan (approximately $762) and offers generous financial aid, while EIT provides full scholarships valued at 96,000 yuan [9] Industry Collaboration and Talent Development - The new universities are forming partnerships with industry leaders, such as Haier and FAW Group, to create joint labs that facilitate the application of classroom knowledge to real-world innovation [12] - They are also addressing talent shortages in critical sectors, with the domestic semiconductor industry facing a shortfall of 300,000 professionals and a significant gap in AI talent [13] Impact on Traditional Education System - The rise of these private universities is seen as a catalyst for reform in the public education system, challenging the perception of private institutions as inferior [18] - The demographic decline in college registrants poses challenges for traditional universities, highlighting the need for innovation and adaptation in the higher education sector [15][16]
APEI Appoints Edward Codispoti as New Chief Financial Officer (CFO)
Prnewswire· 2025-10-20 12:31
Core Insights - American Public Education, Inc. (APEI) has appointed Edward H. Codispoti as the new Executive Vice President and Chief Financial Officer (CFO) [1][2] - Codispoti brings over 25 years of financial leadership experience, having previously served as CFO of NV5 Global, Inc., where he led the finance function through more than 45 M&A transactions [2][4] - APEI is recognized as the leading educator for active-duty military and veterans, serving approximately 88,000 adult learners globally [3][7] Company Overview - APEI provides high-quality post-secondary education through its institutions, including American Public University System, Rasmussen University, and Hondros College of Nursing [1][6] - The company focuses on transforming lives, advancing careers, and improving communities through accessible and affordable education [6] Leadership Transition - Rick Sunderland, the current CFO, will transition to an advisory role to ensure a smooth handover [1][4] - Codispoti expressed enthusiasm about joining APEI and emphasized the importance of supporting students in their educational journeys [4] Institutional Highlights - American Public University System is the top educator for active-duty military and veterans, with a significant enrollment base [3][7] - Rasmussen University has a long history of 125 years and serves approximately 14,900 students across multiple campuses [8] - Hondros College of Nursing is the largest educator of pre-licensure nursing students in Ohio, with around 3,700 students [9]
Workers with a Four-Year Degree Earn $81,000 at the Median—70% More Than Workers with a High School Diploma Alone, Georgetown University Report Says
Globenewswire· 2025-10-16 08:01
Core Insights - The choice of bachelor's degree major significantly influences graduates' earnings potential and employment prospects, with prime-age workers (ages 25–54) earning 70% more than high school graduates and facing lower unemployment rates [1][2] Earnings and Employment Outcomes - The report categorizes 152 majors and provides insights into median earnings, graduate degree earnings premium, and unemployment rates for prime-age workers and recent graduates [2][3] - Median earnings for prime-age workers vary by major, ranging from $58,000 in education and public service to $98,000 in STEM fields [1][3] Major Trends - Over the past 15 years, there has been a significant increase in students majoring in higher-paying fields, particularly in computers, statistics, and mathematics, with degree production in these areas more than doubling since 2009 [4] - Despite the increase in graduates in STEM fields, the unemployment rate for recent graduates in computers, statistics, and mathematics is currently 6.8%, the highest within STEM [5] Graduate Degree Considerations - Workers with a graduate degree earn 29% more than those with only a bachelor's degree, but the earnings premium varies across majors [5] - Some professions require a graduate degree for career advancement, highlighting the importance of considering long-term career goals when selecting a major [5] Representation and Economic Implications - There are imbalances in representation among racial/ethnic groups in lucrative fields, with certain demographics overrepresented in STEM [6][7] - Addressing these imbalances is crucial for the nation's economic health, as better alignment between degree production and labor market needs is necessary to avoid skills shortages [7]
Hyundai Donates $5 Million to Establish the Hyundai College of Education at Savannah State University
Prnewswire· 2025-10-15 19:25
Core Insights - Hyundai has made a transformative $5 million donation to Savannah State University (SSU) to establish the Hyundai College of Education, marking the largest corporate investment in the university's 135-year history [1][2][4]. Group 1: Partnership and Impact - The partnership aims to advance education, workforce development, and community impact in Georgia's coastal region [1][3]. - The Hyundai College of Education will focus on training future educators and workforce professionals, expanding access to high-quality learning opportunities [3][4]. - This collaboration is part of Hyundai's ongoing investment in Coastal Georgia, where it operates its first dedicated electric vehicle mass-production plant [5]. Group 2: Educational Enhancements - The new college will enhance SSU's legacy of academic excellence and community engagement while aligning with Hyundai's vision for a sustainable and inclusive future [4]. - The transition to the Hyundai College of Education will begin immediately, with new branding and scholarship programs expected to launch in early 2026 [6]. Group 3: Economic Contribution - Hyundai's operations in the U.S. contribute $20.1 billion annually and support 190,000 jobs, highlighting the company's significant economic impact [7].
深耕“思政+食品安全”融合创新,南农实验室迎来148名小学生
Yang Zi Wan Bao Wang· 2025-10-13 10:34
Core Insights - The event "Agricultural Safety Little Guardians" was organized by Nanjing Agricultural University to enhance food quality safety awareness among youth through practical science education [1][5] - The program involved 148 third-grade students from Nanjing Sujie School participating in laboratory tours and hands-on experiments related to food safety [1][3] Group 1: Event Overview - The event aimed to integrate ideological and political education with science popularization, focusing on agricultural product quality safety [1][5] - Students engaged in interactive lectures and experiments to learn about safety risks in agricultural products [1] Group 2: Educational Activities - Students participated in a hands-on experiment to detect fluoroquinolone drug residues in eggs, learning the detection principles and significance [3] - The atmosphere was lively, with students actively answering questions during the lecture on veterinary drug residues in eggs [1][3] Group 3: Institutional Goals - The event serves as a model for combining scientific education with ideological teaching, promoting a unified approach to knowledge and value cultivation [5] - The testing center aims to continue innovating the integration of "ideological education + food safety" and foster collaboration between scientists and educators [5]
走进高校场馆,上一堂科学课
Ren Min Ri Bao· 2025-10-11 02:43
Core Points - The article highlights the importance of university museums in fostering scientific interest and innovation among students through exhibitions and storytelling of renowned scientists' contributions [2][3][4][5][6][7][8][9] Group 1: University Museums and Their Role - University museums serve as vital components of the scientific innovation system, providing students with immersive experiences in science and technology [2] - Exhibitions in these museums often showcase the historical contributions of scientists, inspiring students to pursue careers in science and technology [3][4][5][6] - The museums aim to instill a sense of national pride and responsibility among students, encouraging them to contribute to their country's development [3][4][6][9] Group 2: Student Experiences and Aspirations - Students express a deep emotional connection to the stories of scientists, which motivates them to commit to their studies and future careers [3][4][7] - Many students report that visiting these museums has solidified their academic and career aspirations, particularly in fields related to science and technology [4][8][9] - The museums provide a platform for students to engage with scientific knowledge actively, fostering a culture of inquiry and innovation [6][7][8]
EpicQuest Education Announces a Record Number of Students Enrolled in its Foundational Programs
Prnewswire· 2025-10-09 12:30
Core Insights - EpicQuest Education Group International Limited has reported a significant increase in enrollment for its foundational programs, with a 218% rise over the past two years and a 52% increase from the previous academic year [1][2] - The company anticipates that these foundational programs will generate over $5 million in revenue for the 2025-2026 academic year [1][2] Enrollment Growth - Enrollment in foundational programs at Davis University reached 175 students for Fall 2025, up from 115 in Fall 2024 and 55 in Fall 2023, indicating strong demand [2] - The retention rate for students in these programs is nearly 100%, suggesting a sustainable revenue stream for the company [2] Strategic Focus - EpicQuest Education emphasizes internationalization as a key element of its growth strategy, aiming to enhance globalized learning and international recruitment at its colleges [4] - The foundational programs are positioned at prestigious universities in China, such as Shanghai Jiao Tong University and The Chinese University of Hong Kong (Shenzhen), further enhancing the company's academic partnerships [3] Company Overview - EpicQuest Education provides comprehensive education solutions for both domestic and international students, operating institutions like EduGlobal College in Canada and Davis University in Ohio [5] - The company has established a recruiting relationship with Miami University Regional campuses and is also a recruiting agent for universities in the UK [5]
Korn Ferry and Creighton University Discuss How AI is Reshaping Entry-Level Roles
Globenewswire· 2025-10-09 12:28
Core Insights - The interview highlights the transformative impact of AI on entry-level job opportunities, emphasizing the need for companies to adapt roles and skill requirements while also addressing the fears of job seekers regarding AI replacement [2][3]. Group 1: Impact of AI on Job Market - AI is prompting companies to change early career roles, adding responsibilities and requiring new skill sets, while also eliminating some entry-level jobs [2]. - Korn Ferry is working with organizations to balance the elimination of roles with the reinvention and redesign of jobs to create new opportunities for young professionals [2]. Group 2: Educational Strategies for Long-term Success - Creighton University emphasizes the importance of a growth mindset and lifelong learning for students to succeed in a rapidly changing job market influenced by AI [2]. - Skills such as critical thinking and analytical thinking are being prioritized to prepare students for the evolving demands of the workforce [2]. Group 3: Advice for Job Seekers - Job seekers are encouraged to embrace AI, learn how to use it to enhance their skill sets, and increase their value to remain attractive to employers [2].