Earnings release
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ADTALEM GLOBAL EDUCATION Exhibit 99.1 News Release Investor Contact : Maureen Resac Maureen.Resac@Adtalem.com 312-651-1481 Media Contact : John Kristoff John Kristoff@Adtalem.com 312-651-1437 Adtalem Global Education Announces Second Quarter Fiscal 2021 Results Operational execution accelerates growth CHICAGO - Feb. 2 , 2021 - Adtalem Global Education Inc. ( NYSE : ATGE ) , a leading workforce solutions provider , today reported academic , operating and financial results for its fiscal 2021 second quarter ended December 31 , 2020 . " We continue to successfully execute our leading workforce solutions provider strategy by meeting the needs of our students and our employer partners , ” said Lisa Wardell , chairman and CEO of Adtalem . " We once again delivered strong revenue and earnings growth in the second quarter , driven by robust financial performance across the Medical and Healthcare segment , including a double - digit increase in total enrollment at Chamberlain University . Through strategic investments such as our pending acquisition of Walden University , we have positioned Adtalem to meet the needs of an evolving market and capitalize on long- term growth trends . We are accelerating and prioritizing those elements of our strategy that allow us to capitalize on the robust demand in medical , healthcare , and online education . That demand has continued to increase during the pandemic and provides us greater opportunity to differentiate our online offerings given our decades of experience in quality online education delivery . " " Our institutions are addressing the critical workforce gaps in healthcare through strong student outcomes and graduating more new nurses and doctors than any single U.S. institution . In addition , our financial services segment revenue increased 6 % from the prior year driven by execution in the mortgage training market by OnCourse Learning and ongoing momentum in the continuing education market by Becker , ” concluded Wardell .