Adtalem Global Education ( (ATGE) ) has realeased its Q1 earnings. Here is a breakdown of the information Adtalem Global Education presented to its investors.
Adtalem Global Education is a leading provider of healthcare education in the United States, committed to preparing a diverse workforce with high-quality academic programs and innovative pathways aligned with industry needs. In its latest earnings report, Adtalem Global Education announced a significant increase in enrollment and revenue, reflecting strong momentum in its ‘Growth with Purpose’ strategy. The company reported a 13.2% year-over-year revenue increase to $417.4 million and an 11.2% rise in total student enrollment, resulting in a diluted earnings per share of $1.18 and an adjusted EPS growth of 38.7% year-over-year. Key highlights include a seventh consecutive quarter of enrollment growth at Chamberlain University and partnerships to expand specialized healthcare education offerings. Adtalem also reported a significant operating income increase and continued share repurchases, indicating robust financial health. Looking forward, Adtalem has raised its fiscal year 2025 guidance, expecting revenue growth between 6.5% to 9.0% and adjusted EPS growth of 14.5% to 18.5%, signaling confidence in its strategic direction and operations.
