Latest news with #SteveBeard
Yahoo
2 days ago
- Business
- Yahoo
ATGE Q1 Earnings Call: Enrollment Growth, Digital Initiatives, and Increased Guidance
Vocational education company Adtalem Global Education (NYSE:ATGE) reported Q1 CY2025 results beating Wall Street's revenue expectations , with sales up 12.9% year on year to $466.1 million. The company's full-year revenue guidance of $1.77 billion at the midpoint came in 0.9% above analysts' estimates. Its non-GAAP profit of $1.92 per share was 16.2% above analysts' consensus estimates. Is now the time to buy ATGE? Find out in our full research report (it's free). Revenue: $466.1 million vs analyst estimates of $446.4 million (12.9% year-on-year growth, 4.4% beat) Adjusted EPS: $1.92 vs analyst estimates of $1.65 (16.2% beat) Adjusted EBITDA: $127.8 million vs analyst estimates of $111.2 million (27.4% margin, 14.9% beat) The company lifted its revenue guidance for the full year to $1.77 billion at the midpoint from $1.75 billion, a 1.3% increase Management raised its full-year Adjusted EPS guidance to $6.50 at the midpoint, a 4.8% increase Operating Margin: 20.9%, up from 19.5% in the same quarter last year Market Capitalization: $4.36 billion Adtalem's first-quarter results were shaped by significant enrollment growth across its core institutions and continued investment in digital learning tools. CEO Steve Beard highlighted Chamberlain University's expansion of its BSN Online program and Walden University's strong student persistence, both contributing to the company's momentum. Beard pointed to Walden's use of predictive analytics to improve student retention, stating, 'We've increased and enhanced our ability to intervene in the student journey in ways that keep our students pacing through materials in ways that ensure they're successful.' Growth in the Medical and Veterinary segment, though modest, was also noted, with Beard referencing increased inquiry-to-enrollment conversion. Segment performance benefited from strategic initiatives aimed at expanding access and improving academic outcomes. Looking ahead, management's updated guidance reflects expectations for continued enrollment gains and margin expansion, underpinned by ongoing investments in digital platforms, program capacity, and geographic reach. CFO Bob Phelan explained that the company plans to increase growth investments in the coming quarter to 'set us up well heading into next year,' suggesting a focus on both operational leverage and long-term scalability. Beard indicated that Adtalem is exploring new program launches and potential geographic expansion, stating, 'There are new programs we'd like to bring online... and the vehicles we would use to accomplish bringing on that new capacity are everything from investments in existing programs to acquiring new programs, to standing up new de novo programs.' Management attributed the quarter's outperformance to broad-based enrollment gains, investments in student-facing digital tools, and ongoing partnerships with healthcare providers. Enrollment-driven revenue growth: Significant student enrollment increases at Chamberlain University and Walden University were primary drivers, supported by expanded online offerings and high persistence rates. Digital innovation impact: Walden University's implementation of predictive analytics and digital engagement tools improved student retention and academic outcomes, with Beard noting near-record persistence across large programs. Healthcare partnerships and specialty focus: Chamberlain's Practice Ready Specialty Focused program, developed with healthcare partners, gave students hands-on exposure to high-demand specialties, which management believes improves job placement and employer satisfaction. Medical and Veterinary segment stabilization: While enrollment returned to growth in this segment, margins declined due to timing of investments and structural costs; management views this as positioning for future expansion. Share repurchase and capital allocation: Completion of a $300 million share repurchase and authorization of an additional $150 million program were highlighted, reflecting a focus on returning capital while funding innovation and operational growth. Adtalem expects that sustained enrollment momentum, enhanced digital tools, and expanded program capacity will drive continued revenue and margin growth in the coming quarters. Capacity and program expansion: Management plans to invest in expanding existing program capacity and launching new offerings, including geographic expansion and additions in high-demand healthcare fields, to capture unmet market demand. Innovation in student engagement: Continued deployment of predictive analytics and digital interventions is expected to further improve student retention and success, which management sees as key to profitability and long-term growth. Regulatory and funding environment: While management does not anticipate near-term funding pressure or regulatory headwinds, ongoing monitoring of legislative and Department of Education developments remains a priority given the sector's sensitivity to policy changes. In the coming quarters, the StockStory team will monitor (1) the pace and effectiveness of Adtalem's investments in new program capacity and geographic reach, (2) improvements in student retention and academic outcomes driven by digital engagement tools, and (3) stability and recovery of margins in the Medical and Veterinary segment as operational investments mature. Developments in federal education policy or funding will also be important to watch. Adtalem currently trades at a forward P/E ratio of 17.5×. At this valuation, is it a buy or sell post earnings? Find out in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.
Yahoo
19-05-2025
- Business
- Yahoo
Adtalem Global Education to Present at the Baird 2025 Global Consumer, Technology & Services Conference
CHICAGO, May 19, 2025--(BUSINESS WIRE)--Adtalem Global Education Inc. (NYSE: ATGE), the leading healthcare educator in the United States, announced today that Steve Beard, chairman and chief executive officer, and Bob Phelan, senior vice president and chief financial officer, will participate in a fireside chat at the Baird 2025 Global Consumer, Technology & Services Conference in New York City on Wednesday, June 4, at 3:45 p.m. ET. Beard and Phelan will discuss how the Company's strategic investments advance its innovative education model, designed for today's modern student, to meet the growing clinician shortages nationwide. The audio portion of the fireside chat will be available live and for replay at About Adtalem Global Education Adtalem Global Education is the leading provider of healthcare education in the U.S., shaping the future of healthcare by preparing a practice-ready workforce with high-quality academic programs. We innovate education pathways, align with industry needs and empower individuals to reach their full potential. Our commitment to excellence and access is reflected in our expansive network of institutions, serving over 90,000 students and supported by a strong community of approximately 350,000 alumni and nearly 10,000 dedicated employees. Visit for more information and follow us on LinkedIn, Instagram and Facebook. View source version on Contacts Media Contact Britt MitchellAdtalemMedia@ +1 872-270-0301 Investor Contact Jay +1 312-906-6600 Sign in to access your portfolio
Business Wire
19-05-2025
- Business
- Business Wire
Adtalem Global Education to Present at the Baird 2025 Global Consumer, Technology & Services Conference
CHICAGO--(BUSINESS WIRE)--Adtalem Global Education Inc. (NYSE: ATGE), the leading healthcare educator in the United States, announced today that Steve Beard, chairman and chief executive officer, and Bob Phelan, senior vice president and chief financial officer, will participate in a fireside chat at the Baird 2025 Global Consumer, Technology & Services Conference in New York City on Wednesday, June 4, at 3:45 p.m. ET. Beard and Phelan will discuss how the Company's strategic investments advance its innovative education model, designed for today's modern student, to meet the growing clinician shortages nationwide. The audio portion of the fireside chat will be available live and for replay at About Adtalem Global Education Adtalem Global Education is the leading provider of healthcare education in the U.S., shaping the future of healthcare by preparing a practice-ready workforce with high-quality academic programs. We innovate education pathways, align with industry needs and empower individuals to reach their full potential. Our commitment to excellence and access is reflected in our expansive network of institutions, serving over 90,000 students and supported by a strong community of approximately 350,000 alumni and nearly 10,000 dedicated employees. Visit for more information and follow us on LinkedIn, Instagram and Facebook.
Time Magazine
08-05-2025
- Health
- Time Magazine
Steve Beard
Steve Beard knows that diverse health care is better health care. The belief drives his efforts as CEO of Adtalem Global Education, a corporation that operates institutions for higher learning including Chamberlain University, Walden University, and Ross University School of Medicine. 'Science shows the benefits of a diverse health care workforce, and no one makes a larger contribution to that goal than Adtalem's institutions,' Beard says. Under his leadership, Adtalem has made large strides in addressing shortages of health care workers while increasing racial representation. With more than 90,000 students currently enrolled at its schools, Adtalem has become one of the leading suppliers of doctors, nurses, veterinarians, and social workers to the U.S. workforce. Adtalem's medical schools are major producers of Black physicians in the U.S.—and over the past year, 95% of its medical school graduates have successfully secured hospital residencies, helping to shore up critical areas like primary care and underserved communities. Beard's institutions are at the forefront of technology. In 2024, Adtalem forged a new partnership with Hippocratic AI, developing curricula to train nursing students—and soon physicians—to use AI tools to monitor patients and improve follow-ups after treatment. 'Some of these innovations will relieve administrative burdens in ways that create better quality of life, on the hospital floor and at the bedside,' Beard path from first-generation college student to changemaker is a personal success story—and through Adtalem, it's become a model for building the next generation of health care professionals.
