Laureate Education, Inc. (LAUR) Strengthens Leadership Team amid Soaring Enrollments

Laureate Education, Inc. (NASDAQ:LAUR) is one of the best defensive stocks to buy amid geopolitical tensions. On May 21, Laureate Education Inc. (NASDAQ:LAUR) strengthened its leadership team by electing Julian Coulter as an independent member of the Board of Directors.

Laureate Education, Inc. (LAUR) Strengthens Leadership Team amid Soaring Enrollments

Coulter joins the board with a strong combination of marketing leadership, digital expertise, and operating experience, expected to help drive growth and create meaningful long-term shareholder value. Her critical skills and expertise in technological and commercial innovation should benefit Laureate Education during an era of accelerated digital adoption.

The strengthening of the board comes on the heels of a solid first quarter, during which new enrollments rose 9%, and total enrollments rose 6%. Consequently, the company delivered a 15% increase in revenue at $272.6 million. However, the company posted a wider-than-expected net loss of $21.6 million, compared with $19.6 million in the same quarter last year.

Laureate Education, Inc. (NASDAQ:LAUR) operates a global network of higher education institutions, primarily focusing on campus-based and online undergraduate, graduate, and specialized degree programs.

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