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Jun 30, 2021
Adtalem Q4 2021 Earnings Report
Adtalem's Q4 2021 results reflected strong revenue and enrollment growth, driven by its workforce solutions provider strategy.
Key Takeaways
Adtalem Global Education reported a strong fourth quarter, with revenue increasing by 7.9% compared to the prior year. The company's performance was driven by strong demand for its programs and offerings, and the completion of the Walden acquisition further positions Adtalem as a leading healthcare education provider.
Revenue increased 7.9% compared with the prior year.
Diluted earnings per share was $0.18 compared with diluted loss per share of $4.86 in the prior year.
Operating income was $40.2 million, compared with operating income of $21.7 million in the prior year.
Net income attributable to Adtalem was $9.0 million, compared with a net loss of $256.1 million in the prior year.
Forward Guidance
For the full fiscal year 2022, Adtalem expects revenue to be within the range of $1,685 million and $1,735 million, and adjusted diluted earnings per share of $4.20 to $4.45 from continuing operations, excluding special items.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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