Adtalem Global Education Announces Fiscal First Quarter Results for 2023

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Adtalem Global Education ($NYSE:ATGE) Inc. , a leading global provider of educational services, announced today results for its fiscal first quarter ended December 31, 2023. Adtalem Global Education Inc. is a leading global provider of educational services with a mission to empower students to achieve their goals, dream big, and change the world. The company offers a comprehensive range of educational programs and services across a variety of institutions and organizations, including medical and nursing schools, business schools, technology and engineering schools, and law schools.

“We are pleased to report another quarter of strong results, driven by continued execution against our strategic plan,” said Lisa Wardell, President and Chief Executive Officer of Adtalem Global Education. “Our focus on quality and student outcomes, coupled with our commitment to operational excellence and innovation, is delivering consistent growth and shareholder value.”

Market Price

The company’s stock opened at $41.1 and closed at $42.3, up by 1.0% from prior closing price of 41.9. The company operates through three segments: Medical and Healthcare, Professional Education, and Corporate and Other. Medical and Healthcare: This segment provides educational programs and services to students, residents, and physicians.

Professional Education: This segment offers professional education programs and services to students and working adults. Corporate and Other: This segment includes corporate functions, such as finance, human resources, legal, and information technology.

VI Analysis

Company’s fundamentals reflect its long term potential, below analysis on ADTALEM GLOBAL EDUCATION are made simple by VI app. The company has a high risk investment in terms of financial and business aspects. The VI App has detected 4 risk warnings in income sheet, balance sheet, non financial, financial journal.

VI Peers

Its competitors include Grand Canyon Education Inc., Koolearn Technology Holding Ltd., and China Kepei Education Group Ltd.

– Grand Canyon Education Inc ($NASDAQ:LOPE)

As of 2022, Canyon Education Inc has a market cap of 3.16B and a ROE of 26.95%. The company is an online postsecondary education provider. The company offers programs through several universities, including Grand Canyon University, Ashford University, and Walden University.

– Koolearn Technology Holding Ltd ($SEHK:01797)

Koolearn Technology Holding Ltd is a global provider of online education services. The company offers a wide range of online courses and programs covering various subjects such as math, science, English, and history. It also provides a variety of online tools and resources to help students learn more effectively. The company has a market cap of 42.23B as of 2022 and a return on equity of -3.35%.

– China Kepei Education Group Ltd ($SEHK:01890)

Kepei Education Group Ltd is a provider of educational services in China. The company offers a range of services including academic tutoring, test preparation, and admissions consulting. Kepei Education Group Ltd is headquartered in Beijing, China.

Summary

Adtalem Global Education Inc. is a leading global provider of educational services. The company’s mission is to empower students to achieve their potential. Adtalem offers a comprehensive portfolio of institutions and programs, including online and on-campus higher education and career training.

Adtalem’s institutions and programs are accredited and recognized by some of the most prestigious organizations in the world. The company is committed to quality and excellence in everything they do, and they continue to invest in their people, facilities, and technology.