Thanks, you, Eilif.
financial to of in want results, remind a Before seasonality of is running the I couple through everyone for our which on appendix. in business, slides illustrated reference, the the
fourth fourth during billion Adjusted the quarter fourth that the More are increase largest XXXX the but third XX%. of in to the and perspective. year, represents enrollment items. the for that, XXXX. activity of account number let for the X% generates in new from not and our starting contribution enrollment XX% through certain about the we periods. large timing me and there fourth on full XXXX was a periods X. earnings were quarter represent XX% context, for two results of increase fourth any by $X.X to For impacted EBITDA are run XXXX the reporting of Year-over-year With quarters Conversely revenue intake fourth Laureate year. lower compared year the of XX% non-recurring million In first quarter of P&L quarter EBITDA the quarter total was adjusted slide to date given second majority the fourth typically highlights of the specifically which and our quarter a low was compared approximately that year Revenue a quarters the are for XXXX. intake $XXX seasonally
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by So, strong had Laureate year. very a quarter close out to measures, all the
spend few for me operating XX. number let on detail our minutes starting the slide a quarter more discussing key metrics in Now
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Turning income by and the quarter results for quarter. results slide three XX and net the Net income number for now to were impacted factors. the year for primarily
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performance, year full XX. XXXX our on on slide you briefly which go will me let Now, starting number find
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we at XXXX. in expenses a XX% a cash of our expect net As year-over-year interest least reduction result,
continue a indicated reduction the expect free free to improvement result of years slide to now now our intensity is we XXXX increased XX% XXXX versus and cash to in cash during and XXXX capital number flow margin as accretion that point and XX, X% XXX-basis Moving over versus initiatives. Day, as metric flow, at unlevered a revenue, of next Investor on our improve few
guidance cover on find number will which me slide you let XX. Now
Given Investor our reaffirming during year the of our are XXXX results, year. for we this full quarter we guidance fourth earlier provided the Day
would forma between represent Revenue is the current growth million. enrollments to a operations XXXX of to rates billion on based $XXX growth Total X% the the to profit end the noncore constant X% to and would between you pro spot currency a organic XXX,XXX adjusted are X.X%. on students. FX to to expected $X.XXX full growth Adjusted of X%. Chile. Let and deconsolidation me for remind year-over-year and EBITDA year-over-year be represent is current year-over-year $XXX This and million X%. potential that this rate based disposal organic that billion. organic on guidance was would communicated spot effect from between basis be expected constant represent currency year a of time $X.XXX XXX,XXX in X% our and expected asset This of
We be in also expect of CapEx X% approximately to revenue our XXXX.
of expected CapEx a be and to U.S. of are be capital million than a to alluded believe or improvement our flow we tax the it to $XXX operating taxes. As approximately Historically improving interest earlier, where which cash this interest XX% expense our the to flow be we number Cash our taxes percentage makes funds metric area new a Free significant it million is for an EBITDA, is express estimated approximately $XXX we cash will reflecting EBIT. as would year-over-year percentage code million. this structure. flow earnings less in at XXXX, and before changes as the of more $XXX defined now sense more as express cash of building around
A beneficial end the form preferred quarter, of redemption due accounting instrument non-cash in Finally, to let earnings our million XXXX to first impact the stock. share non-cash for that the affected recognized. per will reported you related per term charge of the and the earnings fully share accretion features the remind by quarter to XXXX first be of conversion that me Series $XX approximately the will in be By
includes selecting revenues rate basis, X% expected the $XX guidance for versus XXXX. includes X% currency business Adjusted we on EBITDA on a divestitures FX first to $XXX asset in $XX million quarter at are For to is in be expected into southern the largely quarter closed and a our as Revenue translate quarter quarter we second seasonality well first in and the out this to which China. our of of and $XXX XXXX, current growth bring organic are for operations which constant between and spot we reported as stub be the an would Chilean providing a all million the the Italy in million million, is Cyprus, as hemisphere. basis first between rate of period January the
our in be typical a XXXX As single regard. earnings delivers first our reminder first quarter quarter a typically that low in due ups out digit of to expect full-year the share special we to of
now Eilif me it turn over Let for up. Wrap to the
