Adtalem Global Education Inc. Reports Earnings Results for the Fourth Quarter Ended June 30, 2021
August 19, 2021 at 04:11 pm EDT
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Adtalem Global Education Inc. announced earnings results for the fourth quarter ended June 30, 2021. For the fourth quarter, the company announced sales was USD 280.374 million compared to USD 259.729 million a year ago. Operating income was USD 40.240 million compared to USD 21.721 million a year ago. Net income was USD 9.012 million compared to net loss of USD 256.052 million a year ago. Basic earnings per share was USD 0.18 compared to basic loss per share of USD 4.9 a year ago. Diluted earnings per share was USD 0.18 compared to diluted loss per share of USD 4.86 a year ago. Basic earnings per share from continuing operations was USD 0.26 compared to USD 1.37 a year ago. Diluted earnings per share from continuing operations was USD 0.26 compared to USD 1.36 a year ago. For the full year, sales was USD 1,112.380 million compared to USD 1,052.001 million a year ago. Operating income was USD 161.483 million compared to USD 142.260 million a year ago. Net income was USD 76.909 million compared to net loss of USD 85.334 million a year ago. Basic earnings per share was USD 1.5 compared to basic loss per share of USD 1.59 a year ago. Diluted earnings per share was USD 1.49 compared to diluted loss per share of USD 1.58 a year ago. Basic earnings per share from continuing operations was USD 1.99 compared to USD 4.55 a year ago. Diluted earnings per share from continuing operations was USD 1.98 compared to USD 4.51 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. 
