CHICAGO (AP) — CHICAGO (AP) — Adtalem Global Education Inc. (ATGE) on Thursday reported fiscal second-quarter net income of $75.9 million.
On a per-share basis, the Chicago-based company said it had profit of $1.98. Earnings, adjusted for one-time gains and costs, were $1.81 per share.
The for-profit education company posted revenue of $447.7 million in the period.
Adtalem expects full-year earnings in the range of $6.10 to $6.30 per share, with revenue in the range of $1.73 billion to $1.76 billion.
Adtalem shares have increased 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $102.42, more than doubling in the last 12 months.
_____
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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.