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Adtalem Global Education Inc. (symbol: ATGE) is a prominent American for-profit educational company that empowers students to achieve their educational and career goals. The company operates through a series of educational institutions that provide a broad range of degree programs in fields such as healthcare, business, technology, accounting, finance, and law.
Founded with the mission to offer quality education, Adtalem is the parent organization of several well-known institutions, including the American University of the Caribbean School of Medicine, Chamberlain College of Nursing, Ross University School of Medicine, and Ross University School of Veterinary Medicine. It also oversees institutions like DeVry University and its Keller Graduate School of Management, DeVry Brasil, Carrington College, and Becker Professional Education.
Adtalem boasts over 90 campuses and a robust online learning offering. This flexibility allows them to cater to a diverse student body, offering associate, bachelor's, and postgraduate degrees. Enrollment in business-related programs represents nearly half of the total student body, with technology and healthcare programs also attracting significant numbers.
Financially, Adtalem derives the bulk of its revenue from student enrollment fees, primarily funded through federal financial aid programs such as Pell Grants. The company continually strives for excellence by keeping up with the latest educational trends and ensuring high standards across all its programs.
Recent achievements of Adtalem include partnerships with various healthcare organizations to enhance clinical training for nursing students and collaborations with businesses to provide real-world experience for technology and business students. The company's commitment to innovation and student success has made it a respected leader in the education sector.
Adtalem Global Education (NYSE: ATGE) will announce its fiscal 2024 Q4 and full-year results on August 6, 2024, after market close. A conference call to discuss these results will follow at 4:30 p.m. CT (5:30 p.m. ET). The call will be accessible via phone for U.S. and international participants and will also be simulcast on Adtalem's investor relations website. A replay of the call will be available for 30 days.
Adtalem Global Education Inc. (NYSE: ATGE) will be represented by its CEO and CFO at the Baird 2024 Global Consumer, Technology & Services Conference. The company will discuss strategic investments to address healthcare provider shortages, aiming to enhance educational access and student outcomes. The fireside chat will be available live and for replay on the Adtalem investor relations website.
Adtalem Global Education Inc. (NYSE: ATGE) reported strong fiscal third quarter 2024 results with revenue up 11.8% YoY, total enrollment up 7.8% YoY, and adjusted EPS growth of 32.7% YoY. The company's strategic focus on Growth with Purpose led to accelerated enrollment growth, enhanced profitability, and robust financial performance. Adtalem's subsidiaries achieved high residency attainment rates, expanded nursing education programs, and increased student enrollment. The company raised its fiscal year 2024 revenue guidance to $1,560 million to $1,580 million and adjusted EPS to $4.80 to $5.00.
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