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Adtalem: Fiscal 1Q Earnings Snapshot

·1 min read

CHICAGO (AP) _ Adtalem Global Education Inc. (ATGE) on Thursday reported fiscal first-quarter earnings of $19.9 million.

On a per-share basis, the Chicago-based company said it had net income of 38 cents. Earnings, adjusted for one-time gains and costs, came to 78 cents per share.

The for-profit education company posted revenue of $268.2 million in the period.

Adtalem expects full-year earnings in the range of $2.85 to $2.96 per share.

Adtalem shares have dropped 31% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $24.25, a decrease of 23% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATGE at https://www.zacks.com/ap/ATGE