Adtalem Global Education Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2024
August 06, 2024 at 04:21 pm EDT
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Adtalem Global Education Inc. reported earnings results for the fourth quarter and full year ended June 30, 2024. For the fourth quarter, the company reported sales was USD 409.91 million compared to USD 364.64 million a year ago. Net income was USD 49.42 million compared to USD 22.24 million a year ago. Basic earnings per share from continuing operations was USD 1.34 compared to USD 0.54 a year ago. Diluted earnings per share from continuing operations was USD 1.31 compared to USD 0.53 a year ago. Basic earnings per share was USD 1.31 compared to USD 0.51 a year ago. Diluted earnings per share was USD 1.28 compared to USD 0.5 a year ago.
For the full year, sales was USD 1,584.65 million compared to USD 1,450.83 million a year ago. Net income was USD 136.78 million compared to USD 93.36 million a year ago. Basic earnings per share from continuing operations was USD 3.49 compared to USD 2.27 a year ago. Diluted earnings per share from continuing operations was USD 3.42 compared to USD 2.23 a year ago. Basic earnings per share was USD 3.47 compared to USD 2.08 a year ago. Diluted earnings per share was USD 3.39 compared to USD 2.05 a year ago.
Adtalem Global Education Inc. is a provider of healthcare education in the United States, preparing a diverse workforce with academic programs. Its healthcare programs include nursing, medicine, veterinary medicine, social and behavioral sciences and more. Its segments include Chamberlain, Walden, and Medical and Veterinary. Chamberlain segment offers degree and certificate programs in the nursing and health professions postsecondary education industry. Walden segment offers degree and certificate programs, including those in nursing, education, counseling, business, psychology, public health, social work and human services, public administration and public policy, and criminal justice. Medical and Veterinary segment offers degree and certificate programs in the medical and veterinary postsecondary education industry. This segment includes American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine.