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Adtalem Global Education Inc - ATGE STOCK NEWS

Welcome to our dedicated news page for Adtalem Global Education (Ticker: ATGE), a resource for investors and traders seeking the latest updates and insights on Adtalem Global Education.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Adtalem Global Education's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Adtalem Global Education's position in the market.

Rhea-AI Summary
Adtalem Global Education Inc.'s medical schools, AUC and RUSM, achieved a 97% first-time residency attainment rate for 2023-2024 graduates, with over 800 students and graduates securing positions at 350+ health facilities in 44 U.S. states and territories. The match reflects the quality of Adtalem's programs and the demand for its graduates, addressing healthcare workforce diversity and physician shortage challenges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
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none
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Rhea-AI Summary
The Emergency Nurses Association and Adtalem Global Education have partnered to offer Chamberlain University nursing students a free course on emergency nursing. The course, part of the 'Practice Ready. Specialty Focused.' initiative, includes a clinical practicum and aims to address the nursing shortage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
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none
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Rhea-AI Summary
Adtalem Global Education Inc. (NYSE: ATGE) celebrated the 70th commencement of Walden University, awarding over 5,500 degrees to graduates from various countries and states. The focus on healthcare programs aims to address the projected 10 million healthcare workforce shortage by 2030, with a significant number of degrees granted in nursing and social and behavioral health fields.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
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none
Rhea-AI Summary
Adtalem Global Education Inc. (ATGE) executives will participate in a fireside chat at the Morgan Stanley Conference to address healthcare provider shortages through education expansion and technology solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
conferences
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Rhea-AI Summary
Adtalem Global Education Inc. appoints Scott Liles as president of Adtalem medical and veterinary segment. Liles brings over 20 years of experience in leading mission-driven companies. He aims to drive growth and improve student outcomes at Adtalem's medical and veterinary schools.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.63%
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none
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Rhea-AI Summary
Adtalem Global Education, Inc. responds to claims in a report from Safkhet Capital, refuting factual errors and demonstrating the inaccuracy of the report's claims. The report was dismissed as misleading and inaccurate, with Adtalem providing detailed responses to each assertion made by Safkhet Capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.45%
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none
Rhea-AI Summary
Adtalem Global Education Inc. (NYSE: ATGE) reported second quarter fiscal 2024 results, with revenue up 8.4% YoY, total enrollment up 6.2% YoY, and diluted earnings per share at $0.98. Adjusted EPS grew by 5.1% YoY. The company invested in a growth strategy, with a net income of $39.9 million and adjusted EBITDA at $92.6 million, up 2.2% YoY. They completed $300 million capital allocation and a share repurchase program. Fiscal year 2024 guidance indicates revenue of $1,520 million to $1,560 million and adjusted earnings per share of $4.55 to $4.75.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.87%
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-
Rhea-AI Summary
Adtalem Global Education Inc. (ATGE) will release its fiscal 2024 second quarter results ahead of schedule on January 30, 2024, after financial markets close. The company rescheduled its earnings announcement to provide a timely update on performance and guidance. Adtalem will host a conference call to discuss the results and the call will be simulcast through the Adtalem investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.68%
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-
Rhea-AI Summary
Adtalem Global Education Inc. (ATGE) has announced a new share repurchase program of up to $300 million, following the completion of a previous $300 million share repurchase program. The company has reduced shares outstanding by 23% since February 2022 at an average share repurchase price of $39.85. The new program reflects the company's commitment to capital allocation and operational excellence. Adtalem plans to fund the repurchases through available cash balances and ongoing business operating cash generation. The company will announce its fiscal 2024 second-quarter results on February 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.17%
Tags
buyback
Rhea-AI Summary
Adtalem Global Education Inc. (NYSE: ATGE) appoints Dr. Betty Vandenbosch as an independent member of its board of directors. Dr. Vandenbosch, a veteran in corporate and academic leadership, brings nearly 30 years of experience to Adtalem, with a diverse background in technology, research, and teaching. She has previously served as the senior advisor to the CEO of Coursera, Inc., and as the chancellor of Purdue University Global. Dr. Vandenbosch's expertise in EdTech and innovative approaches to education aligns with Adtalem's Growth with Purpose strategy, making her a valuable addition to the team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
management
Adtalem Global Education Inc

NYSE:ATGE

ATGE Rankings

ATGE Stock Data

1.79B
38.55M
2.38%
104.63%
4.23%
Colleges, Universities, and Professional Schools
Educational Services
Link
US
Chicago

About ATGE

the purpose of devry education group is to empower its students to achieve their educational and career goals. devry group (nyse: dv; member s&p midcap 400 index) is a global provider of educational services and the parent organization of american university of the caribbean school of medicine, becker professional education, carrington college, chamberlain college of nursing, devry brasil, devry university and its keller graduate school of management, ross university school of medicine and ross university school of veterinary medicine. these institutions offer a wide array of programs in healthcare, business, technology, accounting, finance and law.