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 Third Quarter Fiscal 2021 Results Workforce solutions strategy continues to deliver revenue and student enrollment growth CHICAGO - Apr. 29 , 2021 – Adtalem Global Education Inc. ( NYSE : ATGE ) , a leading workforce solutions provider , today reported academic , operating and financial results for its fiscal 2021 third quarter ended March 31 , 2021 . " We continued to successfully execute on our workforce solutions provider strategy in the third quarter , as we delivered results in line with our expectations and reaffirmed our full - year outlook of a 5-7 % revenue increase and 28-32 % EPS growth , ” said Lisa Wardell , chairman and CEO of Adtalem . " We generated strong demand for our programs and offerings in the quarter resulting in a 9 % increase in new student enrollment at our Medical and Healthcare institutions and double- digit revenue growth in Financial Services . Our institutions also continued to deliver superior student outcomes with more than 860 students at our medical schools matching in residency programs and first - time NCLEX pass rates at Chamberlain now performing above the national average . ' י , " As we continue to build a highly diverse and skilled workforce of healthcare professionals for our employer partners , our ability to create a tangible social impact ― by addressing physician and nursing shortages and health inequities - remains unparalleled in the industry . We believe our planned acquisition of Walden University , which will increase our scale and enhance our capabilities , underscores our commitment to further strengthening our position as a premier national healthcare educator , delivering even more value for students , employer partners and shareholders . "