Adtalem Global Education (ATGE) Tops Q3 EPS by 22c, Offers Guidance

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Go back to Adtalem Global Education (ATGE) Tops Q3 EPS by 22c, Offers Guidance

Adtalem Global Education Announces Fiscal Third Quarter 2023 Results

May 2, 2023 4:15 PM EDT

Improving total enrollment trends

Strategic transformation momentum

Narrows guidance for fiscal year 2023

Third quarter highlights

Revenue $369.1 million, up 1.3% year-over-year Total student enrollment 79,586, down 3.1% year-over-year, a quarterly sequential improvement of 100 basis points Chamberlain University strong demand in pre-licensure BSN and post-licensure MSN programs Diluted earnings per share $1.00 from $7.04 in the prior year; adjusted earnings per share $1.13, up 34.5% versus prior year

Fiscal year 2023 guidance

Revenue $1,400 million to $1,450 million Adjusted earnings per share $4.05 to... More