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Adtalem Global Education Inc. Common Shares - ATGE STOCK NEWS

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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.

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Adtalem Global Education Inc. (NYSE: ATGE) reported second quarter fiscal 2024 results, with revenue up 8.4% YoY, total enrollment up 6.2% YoY, and diluted earnings per share at $0.98. Adjusted EPS grew by 5.1% YoY. The company invested in a growth strategy, with a net income of $39.9 million and adjusted EBITDA at $92.6 million, up 2.2% YoY. They completed $300 million capital allocation and a share repurchase program. Fiscal year 2024 guidance indicates revenue of $1,520 million to $1,560 million and adjusted earnings per share of $4.55 to $4.75.
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Adtalem Global Education Inc. (ATGE) will release its fiscal 2024 second quarter results ahead of schedule on January 30, 2024, after financial markets close. The company rescheduled its earnings announcement to provide a timely update on performance and guidance. Adtalem will host a conference call to discuss the results and the call will be simulcast through the Adtalem investor relations website.
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Adtalem Global Education Inc. (ATGE) has announced a new share repurchase program of up to $300 million, following the completion of a previous $300 million share repurchase program. The company has reduced shares outstanding by 23% since February 2022 at an average share repurchase price of $39.85. The new program reflects the company's commitment to capital allocation and operational excellence. Adtalem plans to fund the repurchases through available cash balances and ongoing business operating cash generation. The company will announce its fiscal 2024 second-quarter results on February 1, 2024.
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Adtalem Global Education Inc. (NYSE: ATGE) appoints Dr. Betty Vandenbosch as an independent member of its board of directors. Dr. Vandenbosch, a veteran in corporate and academic leadership, brings nearly 30 years of experience to Adtalem, with a diverse background in technology, research, and teaching. She has previously served as the senior advisor to the CEO of Coursera, Inc., and as the chancellor of Purdue University Global. Dr. Vandenbosch's expertise in EdTech and innovative approaches to education aligns with Adtalem's Growth with Purpose strategy, making her a valuable addition to the team.
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Adtalem Global Education Inc. (ATGE) will release its fiscal 2024 second quarter results on Thursday, Feb. 1, 2024, after financial markets close, followed by a conference call at 4:00 p.m. CT (5:00 p.m. ET) the same day to discuss the results. The call can be accessed by dialing +1 877-407-6184 (U.S. participants) or +1 201-389-0877 (international participants) stating “Adtalem earnings call” or use conference ID: 13743388. The call will be simulcast through the Adtalem investor relations website at: https://investors.adtalem.com. Adtalem will archive a replay of the call for 30 days. To access the replay, dial +1 877-660-6853 (U.S.) or +1 201-612-7415 (international), conference ID: 13743388, or visit the Adtalem investor relations website.
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Adtalem Global Education Inc. (ATGE) announces CEO and CFO participation in upcoming investor conferences. The company will present at Furey Research Partners 2023 Hidden Gems Conference, BMO Capital Markets 2023 Growth and ESG Conference, and Wolfe Research 1st Annual Small and Mid-Cap Conference. Presentations and webcasts will be available on Adtalem's investor website.
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Adtalem Global Education Inc. reports Q1 fiscal 2024 results, including a 4.1% YoY increase in revenue and a return to total enrollment growth. The company raises its fiscal year 2024 revenue guidance to a range of $1,470 million to $1,530 million and adjusted EPS guidance to a range of $4.25 to $4.45.
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Adtalem Global Education Inc. will release its fiscal 2024 first quarter results on Oct. 26, 2023, followed by a conference call to discuss the results.
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DaVita Inc. collaborates with Adtalem Global Education to launch the 'Introduction to Nephrology Nursing' curriculum at Chamberlain University, aiming to address the shortage of nurses in the U.S. and provide career pathways in nephrology nursing.
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Adtalem Global Education Inc. (NYSE: ATGE) announces CEO participation in fireside chat and CFO participation in investor meetings.
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FAQ

What is the current stock price of Adtalem Global Education Common Shares (ATGE)?

The current stock price of Adtalem Global Education Common Shares (ATGE) is $107.6 as of February 4, 2025.

What is the market cap of Adtalem Global Education Common Shares (ATGE)?

The market cap of Adtalem Global Education Common Shares (ATGE) is approximately 3.9B.

What does Adtalem Global Education Inc. do?

Adtalem Global Education Inc. operates various universities and educational programs, offering degrees in healthcare, business, technology, accounting, finance, and law.

Which institutions are part of Adtalem Global Education Inc.?

Adtalem includes American University of the Caribbean School of Medicine, Chamberlain College of Nursing, Ross University School of Medicine, DeVry University, and others.

How does Adtalem Global Education Inc. generate revenue?

The company generates revenue primarily from student enrollment fees, often funded through federal financial aid programs like Pell Grants.

What types of programs does Adtalem offer?

Adtalem offers a wide array of programs including associate, bachelor's, and postgraduate degrees in fields like healthcare, business, technology, accounting, finance, and law.

How many campuses does Adtalem operate?

Adtalem operates over 90 campuses worldwide, along with a strong online education program.

What are some recent achievements of Adtalem Global Education Inc.?

Recent achievements include partnerships with healthcare organizations for clinical training and collaborations with businesses for real-world experience for students.

What is the mission of Adtalem Global Education Inc.?

Adtalem's mission is to empower students to achieve their educational and career goals through high-quality educational programs.

Is Adtalem a for-profit or non-profit organization?

Adtalem Global Education Inc. is a for-profit educational company.

In which sectors do Adtalem's business programs focus?

Adtalem's business programs focus on areas like accounting, finance, and general business management.

What kind of degrees can students pursue at Adtalem institutions?

Students can pursue associate, bachelor’s, and postgraduate degrees at Adtalem institutions.
Adtalem Global Education Inc. Common Shares

NYSE:ATGE

ATGE Rankings

ATGE Stock Data

3.89B
36.36M
2.31%
98.36%
2.3%
Education & Training Services
Services-educational Services
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United States of America
CHICAGO