Adtalem Global Education Inc

For the period ended Sep 30, 2024. Filed Oct 29, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Oct 29, 2024

CVSA$116.50+2.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Income

(in thousands, except per share data)


· · Three Months Ended
· · September 30,
· · 2024 · · 2023
Revenue	$417,400	$368,845
Operating cost and expense:
Cost of educational services	185,995	168,618
Student services and administrative expense	159,073	166,095
Restructuring expense	2,094	676
Business integration expense	—	5,262
Total operating cost and expense	347,162	340,651
Operating income	70,238	28,194
Interest expense	(14,482)	(15,657)
Other income, net	2,646	2,214
Income from continuing operations before income taxes	58,402	14,751
Provision for income taxes	(12,157)	(2,792)
Income from continuing operations	46,245	11,959
Discontinued operations:
Loss from discontinued operations before income taxes	(107)	(1,765)
Benefit from income taxes	27	452
Loss from discontinued operations	(80)	(1,313)
Net income and comprehensive income	$46,165	$10,646

Earnings (loss) per share:
Basic:
Continuing operations	$1.23	$0.29
Discontinued operations	$(0.00)	$(0.03)
Total basic earnings per share	$1.22	$0.26
Diluted:
Continuing operations	$1.18	$0.28
Discontinued operations	$(0.00)	$(0.03)
Total diluted earnings per share	$1.18	$0.25

Weighted-average shares outstanding:
Basic shares	37,721	41,399
Diluted shares	39,109	42,184

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.