Adtalem Global Education Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
January 30, 2024 at 05:12 pm EST
Share
Adtalem Global Education Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 393.24 million compared to USD 362.83 million a year ago. Net income was USD 39.89 million compared to USD 24.65 million a year ago. Basic earnings per share from continuing operations was USD 0.95 compared to USD 0.53 a year ago. Diluted earnings per share from continuing operations was USD 0.92 compared to USD 0.52 a year ago. Basic earnings per share was USD 1 compared to USD 0.54 a year ago. Diluted earnings per share was USD 0.98 compared to USD 0.53 a year ago.
For the six months, sales was USD 762.09 million compared to USD 717.1 million a year ago. Net income was USD 50.54 million compared to USD 25.25 million a year ago. Basic earnings per share from continuing operations was USD 1.22 compared to USD 0.65 a year ago. Diluted earnings per share from continuing operations was USD 1.2 compared to USD 0.64 a year ago. Basic earnings per share was USD 1.24 compared to USD 0.56 a year ago. Diluted earnings per share was USD 1.22 compared to USD 0.55 a year ago.
Adtalem Global Education Inc. is a provider of professional talent to the healthcare industry. The Company operates through three segments: Chamberlain, Walden, and Medical and Veterinary. Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment includes the operations of Chamberlain University (Chamberlain). Walden segment offers more than 100 online certificate, bachelorâs, masterâs, and doctoral degrees, 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 non-degree programs in the medical and veterinary postsecondary education industry. This segment includes the operations of the American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine.
ADTALEM GLOBAL EDUCATION INC. 
