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Adtalem Global Education Inc (ATGE.N)

ATGE.N on New York Stock Exchange

48.10USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Adtalem Global Education Announces Q2 Loss Per Share $1.33
Tuesday, 6 Feb 2018 04:05pm EST 

Feb 6 (Reuters) - Adtalem Global Education Inc ::ADTALEM GLOBAL EDUCATION ANNOUNCES SECOND QUARTER FISCAL 2018 RESULTS.Q2 EARNINGS PER SHARE $0.76 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q2 LOSS PER SHARE $1.33.Q2 REVENUE ROSE 1 PERCENT TO $337.2 MILLION.SEES FY 2018 REVENUE UP 1 TO 2 PERCENT.SEES Q3 2018 REVENUE UP 3 TO 4 PERCENT.ADTALEM GLOBAL EDUCATION - QTRLY RESULTS CONTAINED TAX EXPENSE OF $101.2 MILLION RELATED TO ADOPTION OF TAX CUTS AND JOBS ACT OF 2017.ADTALEM GLOBAL EDUCATION - SEES 2018 CAPITAL SPENDING IN $60 TO $65 MILLION RANGE, EXCLUDING HURRICANE-RELATED SPENDING.  Full Article

Adtalem Global Education Entered Into A Stock Purchase Agreement On Dec 4
Monday, 4 Dec 2017 05:33pm EST 

Dec 4 (Reuters) - Adtalem Global Education Inc ::ADTALEM GLOBAL EDUCATION INC SAYS ON DECEMBER 4, 2017, CO ENTERED INTO A STOCK PURCHASE AGREEMENT.ADTALEM GLOBAL EDUCATION - AGREEMENT INCLUDES EARN-OUT ENTITLING ADTALEM TO PAYMENTS UP TO $20 MILLION PAID OVER A 10 -YEAR PERIOD BASED ON UNIVERSITY'S FREE CASH FLOW.ADTALEM GLOBAL EDUCATION INC - ADTALEM HAS COMMITTED TO TRANSFERRING UNIVERSITY WITH A MINIMUM WORKING CAPITAL BALANCE OF $7.5 MILLION.ADTALEM GLOBAL EDUCATION INC - ADTALEM AGREED TO SELL DEVRY UNIVERSITY TO COGSWELL EDUCATION, LLC.ADTALEM GLOBAL EDUCATION - CO TO SELL OUTSTANDING EQUITY INTERESTS OF DEVRY UNIVERSITY AND DEVRY NEW YORK INC. TO BUYER FOR DE MINIMIS CONSIDERATION.  Full Article

Adtalem Global Education Inc reports Q1 earnings per share $0.20
Thursday, 2 Nov 2017 04:05pm EDT 

Nov 2 (Reuters) - Adtalem Global Education Inc :Adtalem Global Education Inc announces first quarter fiscal 2018 results.Q1 earnings per share $0.30 excluding items.Q1 earnings per share $0.20.Q1 revenue $421 million versus I/B/E/S view $429.7 million.Sees fy 2018 revenue down 2 to 3 percent.Sees q2 2018 revenue down 4 to 5 percent.Q1 earnings per share view $0.46 -- Thomson Reuters I/B/E/S.Adtalem Global Education Inc - ‍full year capital spending is expected to be in $60 to $65 million range​.  Full Article

Adtalem Global Education Q4 EPS $0.67
Thursday, 17 Aug 2017 04:05pm EDT 

Aug 17 (Reuters) - Adtalem Global Education Inc ::Says Q4 results contained pre-tax restructuring charges of $12 million related to restructuring at DeVry​ University & at co’s home office.Adtalem Global Education announces fourth quarter and full year fiscal 2017 results.Q4 earnings per share $0.78 excluding items.Q4 earnings per share $0.67.Q4 revenue $451.5 million versus I/B/E/S view $454.5 million.Sees Q1 2018 revenue down 4 to 5 percent.Q4 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.Says ‍fiscal 2018 full year revenue is expected to be flat to down 1 percent compared to prior year​.Says Q1 operating costs before special items are expected to decline 4 to 5 percent versus prior year.Says full year 2018 capital spending is expected to be in $65 to $70 million range​.FY2018 revenue view $1.80 billion -- Thomson Reuters I/B/E/S.Says‍ fiscal 2018 full year earnings before special items expected to grow in low single digit range as compared to prior year​.Q1 revenue view $450.9 million -- Thomson Reuters I/B/E/S.  Full Article

Adtalem Global Education Q4 EPS $0.78 excluding items
Thursday, 17 Aug 2017 04:05pm EDT 

Aug 17 (Reuters) - Adtalem Global Education Inc ::Adtalem Global Education announces fourth quarter and full year fiscal 2017 results.Q4 earnings per share $0.78 excluding items.Q4 earnings per share $0.67.Q4 revenue $451.5 million versus I/B/E/S view $454.5 million.Sees Q1 2018 revenue down 4 to 5 percent.Q4 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.Adtalem Global Education Inc - ‍ fiscal 2018 full year revenue is expected to be flat to down 1 percent compared to prior year​.Adtalem Global Education Inc - Q1 operating costs before special items are expected to decline 4 to 5 percent versus prior year.Adtalem Global Education-‍fiscal 2017 Q4 results contained total pre-tax restructuring charges of $12.0 million primarily related to restructuring at devry​.Adtalem Global Education Inc - ‍ full year capital spending is expected to be in $65 to $70 million range​.FY 2018 revenue view $1.80 billion -- Thomson Reuters I/B/E/S.Adtalem Global Education Inc - ‍ fiscal 2018 full year earnings before special items expected to grow in low single digit range as compared to prior year​.Q1 revenue view $450.9 million -- Thomson Reuters I/B/E/S.  Full Article

DeVry Education Q3 earnings per share $0.62
Thursday, 4 May 2017 04:10pm EDT 

May 4 (Reuters) - DeVry Education Group ::DeVry Education Group announces third quarter fiscal 2017 results.Q3 earnings per share $0.70 excluding items.Q3 earnings per share $0.62.Q3 revenue $452.1 million versus I/B/E/S view $458.2 million.Q3 earnings per share view $0.65 -- Thomson Reuters I/B/E/S.DeVry Education Group - fiscal 2017 q3 results contained pre-tax restructuring charges of $7.8 million.DeVry Education Group - fiscal 2017 q3 restructuring charges primarily related to devry university, carrington college and devry group home office.DeVry Education Group - Q4 revenue is expected to be down 3 to 4 percent versus prior year.DeVry Education Group - Q4 operating costs before special items are expected to decrease 4 to 5 percent versus prior year.DeVry Education Group - for FY, revenue is expected to be down 1 to 2 percent versus prior year, earnings before special items expected to grow in mid-teens range.DeVry Education Group - full year capital spending is expected to be in $55-$60 million range.Fy2017 earnings per share view $2.67, revenue view $1.83 billion -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.72, revenue view $465.7 million -- Thomson Reuters I/B/E/S.  Full Article

DeVry Education Group announces new $300 mln share repurchase program
Thursday, 16 Feb 2017 02:33pm EST 

Devry Education Group Inc : Devry education group announces new $300 million share repurchase program . In conjunction with new program, co will cease its bi-annual cash dividend payment .Repurchases will be funded through available cash balances and/or borrowings, and may be suspended or discontinued at any time.  Full Article

Devry Education Group Q2 EPS $0.85 excluding items
Thursday, 2 Feb 2017 04:10pm EST 

Devry Education Group Inc : Devry Education Group announces second quarter fiscal 2017 results . Q2 earnings per share $0.85 excluding items . Q2 earnings per share $0.23 . Q2 earnings per share view $0.73 -- Thomson Reuters I/B/E/S . Devry - qtrly total revenue was flat versus prior year at $456.4 million . Devry - Q3 revenue is expected to be down 3 to 4 percent versus prior year . Devry - full year capital spending is expected to be in $65 million to $70 million range . Devry - for full year, revenue is expected to be flat to down approximately 1 percent . Devry - Devry University achieved $40.5 million of cost savings in Q2, excluding special items . Devry - for devry university, additional cost reductions are expected throughout fiscal 2017 . Q3 revenue view $470.9 million -- Thomson Reuters I/B/E/S .Fy2017 earnings per share view $2.55, revenue view $1.85 billion -- Thomson Reuters I/B/E/S.  Full Article

Attorney General Eric T. Schneiderman announces settlement with Devry Education
Tuesday, 31 Jan 2017 07:00am EST 

Attorney General Eric T. Schneiderman: Settlement with for-profit education company Devry Education Group Inc and its subsidiaries . Pursuant to the agreement, Devry to pay $2.25 million in consumer restitution and $500,000 in penalties, fees, costs . Settlement resolves an investigation relating to devry's advertisements Further company coverage: [DV.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Devry Education Group statement on U.S. Department of Education limitation action settlement
Thursday, 13 Oct 2016 01:04pm EDT 

Devry Education Group Inc : Devry Education Group statement on U.S. Department of Education limitation action settlement . Devry Education Group Inc - reached an agreement with U.S. Department of Education regarding its Jan. 27, 2016 notice of intent to limit . Devry Education Group - notice related narrowly to a specific graduate employment statistic previously used by Devry University, calculated since 1975 . Devry Education Group-as a result of settlement agreement, Devry University's participation in title IV programs will be under provisional certification . Devry Education - Devry will also refrain from making any future graduate employment representations without possessing graduate-specific information . Devry Education-settlement includes agreement to no longer use graduate employment statistic previously used by Devry University, calculated since 1975 . Devry Education group Inc - settlement in no way hinders Devry University's ability to serve current or future students .Devry Education-agreement to no longer make representations regarding graduate employment outcomes of Devry University graduates from 1975 to Oct 1980.  Full Article

BRIEF-Adtalem Global Education Reports Q3 EPS $0.63

* ADTALEM GLOBAL EDUCATION ANNOUNCES THIRD QUARTER FISCAL 2018 RESULTS