Thank you much, Eilif. very
session are company. an the nearly for year for As EBITDA earnings typically important quarter. quarter for adjusted the of classes It half in period the as is of much second a reminder, the full represents our
the in EBITDA on very we the and was and Revenue guidance million. ago. XX. me adjusted which ahead $XXX provided adjusted Revenue Page pleased with, was provide for Let quarter a basis, EBITDA quarter, comparable now of of summary On three and the second financial million $XXX at are that a revenue performance experienced driven starting for our months respectively. XX% The were we The and second favorable results year-over-year the by Peru driving the growth. cycle adjusted strong intake XX%, which XX% growth up revenue in led X% were quarter of quarter a year-over-year. and improved EBITDA were X Peru, retention, and was constant total strong enrollment by currency, significantly performance in both
first increased year-to-date a quarter, first Moving with XXX%. comparable constant doubling June performance in currency, a for now the in to combined growth our more than revenue of basis of on adjusted EBITDA, X% a the our which results. half still resulted overall and When our
last classes currency, in was XXXX year. discussion revenue our efficiencies. months quarter from recognized the and million approximately prior EBITDA for to revenue start difference our were the pushed six and for versus to COVID-XX the due a year, As related timing first Peru of impacts, earnings in pandemic, on of performance the may for XX%, This versus the up prior you of comparability and Adjusted XXXX. in adjusted Peru $XX resulted G&A quarter, last and skews year, comparable of basis and corporate certain XXXX half more recall year-over-year increased of those constant by still at X% driven second timing
basis. Peru, on starting now Let XX. prior versus constant note an comparisons Page performance are organic that year additional currency me and Mexico color some with on provide all of the Please and
year the Let's versus Mexico for XX% six intake months Through The around of particular the completed represent intake and cycle which through year, the intakes, cycle start typically of the year. new June. up in with driving first total its was X solid, Mexico. X XX% X prior has smaller enrollments
has to had prior by that programs enrollments X% up fully the our between continue are that and face-to-face been period, see versus the the programs start pandemic. online accelerated We negative the since the Total been traditional trend pandemic. experiencing of mix reversing shift a we
we we are encouraged trough are trends, Mexico. coming and recent the these out low that We by believe in point of
the for quarter encouraging. down face-to-face was the intake shift once more a validate as increased mix discounts and will X% is fully of during the levels fully with pandemic completed result required early are but between combined that September, large online. We the be Revenue of scholarships in and to signs able
EBITDA was on high from adjusted down impact increased the flow-through comparable Finally, year-over-year from a revenue basis, and declines discounts. resulting XX%
out rates now Let's their XX% when the first driven six Peru months was the on in year, we on improvement double-digit returning seen Through XX. intake new year up transition studies. many who the last enrollments a pandemic retention enrollment were students quarter robust began constant favorably intake by quarter EBITDA the a timing dropped are were of Slide and plus a for adjusted XXXX. enrollment earlier. now year-over-year strong the impacted discussed as up for retention. basis. timing driven for in Total Revenue up adjusted have increased Revenue improved were was for enrollments year, to versus to respectively. XX%. prior the increase. EBITDA growth the Peru quarter by the up that compared was currency from academic Please resulted Year-to-date XX%, Adjusted strong XX% increase calendar note June the million second revenue by the year-to-date and of XX% as results The of XX% $XXX and
balance sheet position illustrated me XX. now our on briefly Let discuss Page
$XXX shares were XX. in were total This a a as June XX, to million shares. and XXX of position million approximately $XXX we net of net compares position outstanding March As of million, of cash debt
completed and in the senior we sale the second our to outstanding operations proceeds used the notes. repay quarter, of Brazil During X.XX our
organization. levered past milestone a years, the key Over now highly a truly turned net have from position, Laureate our being for two we a company in to cash
divestitures net proceeds anticipate position forma basis, from $X.XX previously billion billion completed Additionally, of we of XX. after tail the smaller University $X.X net Walden at as and generate this June Laureate's fees. taxes a and to select approximately payments puts On from sale cash pro
his As that than Eilif in equates $X value. share to in opening more cash alluded per to remarks,
Page to Now guidance, on let's starting move XX.
our $X.XXX write-off indemnification continuing related noncash to total Eilif, be of acquisition. EBITDA be closing are results that for and increasing between first my follows: in half comments. business, are note operations $XXX includes XXXX, its handing an XXXX in On enrollments students. $X.XXX year momentum that between estimated seeing million. the a guidance XXX,XXX Revenues concludes this be and asset Adjusted the period we associated and as are with to is estimated approximately positive the billion. billion Laureate charges the full that million to approximately it you back Please of remarks, million prior is for to of estimated $XXX $XX to strength
