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Sep 30, 2024

Adtalem Q1 2025 Earnings Report

Adtalem's first quarter of fiscal year 2025 results were reported, with revenue and adjusted EPS exceeding expectations, leading to raised guidance.

Key Takeaways

Adtalem Global Education reported a strong first quarter for fiscal year 2025, with revenue up 13.2% year-over-year to $417.4 million and diluted earnings per share at $1.18. Adjusted EPS grew 38.7% year-over-year to $1.29. The company raised its fiscal year 2025 revenue guidance to $1,690 million to $1,730 million and adjusted EPS guidance to $5.75 to $5.95.

Total student enrollment increased 11.2% year-over-year to 90,140.

Revenue increased 13.2% year-over-year to $417.4 million.

Chamberlain University experienced its seventh consecutive quarter of enrollment growth, up 11.7% year-over-year.

Walden University saw its fifth straight quarter of enrollment growth, up 12.2% year-over-year.

Total Revenue
$417M
Previous year: $369M
+13.2%
EPS
$1.29
Previous year: $0.93
+38.7%
Gross Profit
$231M
Previous year: $200M
+15.6%
Cash and Equivalents
$265M
Previous year: $262M
+0.9%
Free Cash Flow
$78.9M
Previous year: $84.6M
-6.8%
Total Assets
$2.82B
Previous year: $2.79B
+0.8%

Adtalem

Adtalem

Forward Guidance

Adtalem raises guidance for fiscal year 2025, with revenue in the range of $1,690 million to $1,730 million, approximately 6.5% to 9.0% growth year-over-year. Adjusted earnings per share to be in the range of $5.75 to $5.95, approximately 14.5% to 18.5% growth year-over-year.