Adtalem: Overview of Fiscal Second Quarter Results

Adtalem Global Education Reports Strong Fiscal Second Quarter Results

Adtalem Global Education Inc., headquartered in Chicago, announced a net income of $76.4 million for its fiscal second quarter.

The company reported earnings of $2.11 per share, with adjusted earnings—excluding certain one-time items—reaching $2.43 per share.

During this period, the for-profit education provider generated $503.4 million in revenue.

Since the start of the year, Adtalem's stock price has climbed by 12%. As of the close of trading on Wednesday, shares were valued at $115.92, marking an 18% increase over the past year.