Adtalem Global Education (ATGE) Tops Q4 EPS by 4c; Offers FY24 Guidance
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Adtalem Global Education Announces Fiscal Fourth Quarter and Full Year 2023 Results
August 10, 2023 4:10 PM EDTResults ahead of expectations
Continued improvement in total enrollment trends
FY 2023 diluted earnings per share $2.05; Adjusted EPS $4.21, YoY growth of 35%
Raising lower end of Adjusted EPS guidance for FY 2024
Fourth quarter and full year highlights
Fourth quarter revenue $364.6 million, up 1.1% and full year revenue $1,450.8 million, up 5.0% year-over-year Fourth quarter total student enrollment 75,735, down 2.5% year-over-year, a quarterly sequential improvement of over 60 basis points Chamberlain University and Walden University strong demand led by nursing programs in the fourth... More