Record Enrollment Growth
Adtalem achieved its ninth consecutive quarter of enrollment growth, with total enrollment up 8% year-over-year to 97,000 students.
Revenue and Earnings Surge
Revenue increased by nearly 11% to $462 million, and adjusted earnings per share grew by 36% year-over-year to $1.75.
Walden University Milestone
Walden University reported its ninth consecutive quarter of enrollment growth at nearly 14%, achieving record total enrollment of over 52,000 students.
Strong Financial Position
Adtalem generated trailing 12-month free cash flow of $319 million, increased its revolving credit facility to $500 million, and extended its maturity.
Strategic Partnerships
New partnerships with Google Cloud and other organizations to prepare health care workers for an AI-enabled future.
Medical and Veterinary Segment Growth
Total enrollment in the Medical and Veterinary segment grew by 2.4% to approximately 5,300 students.