Laureate Education(US:LAUR)2023-11-02 14:06Financial Performance - Q3 2023 net income was $36 million, a $5 million increase compared to Q3 2022[144] - For the nine months ended September 30, 2023, net cash provided by operating activities was $1874 million, compared to $1547 million in 2022, an increase of $327 million[2] - Free Cash Flow for the nine months ended September 30, 2023, was $1607 million, compared to $1375 million in 2022, an increase of $232 million[2] - Total revenues for the three months ended September 30, 2023, were $3615 million, a $605 million or 20% increase compared to $3010 million in 2022[9] - Total revenues for the nine months ended September 30, 2023, were $10749 million, a $1790 million or 20% increase compared to $8959 million in 2022[9] - Adjusted EBITDA for the three months ended September 30, 2023, was $784 million, a $56 million or 8% increase compared to $728 million in 2022[35] - Adjusted EBITDA for the nine months ended September 30, 2023, was $2873 million, a $432 million or 18% increase compared to $2441 million in 2022[134] Segment Results - Mexico revenues for Q3 2023 increased by 25% to $1854 million, and Adjusted EBITDA decreased by 6% to $219 million[35] - Peru revenues for Q3 2023 increased by 16% to $1762 million, and Adjusted EBITDA increased by 8% to $663 million[35] Outlook - The company anticipates full-year 2023 revenues to be between $1457 million and $1465 million and Adjusted EBITDA to be between $410 million and $416 million[20]