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Adtalem Global Education Inc. (ATGE) SEC Filing 10-Q Quarterly report for the period ending Saturday, March 31, 2018

Adtalem Global Education Inc.

CIK: 730464 Ticker: ATGE

Exhibit 99.1

Adtalem Global Education Announces Third Quarter Fiscal 2018 Results

CHICAGO--(BUSINESS WIRE)--May 3, 2018--Adtalem Global Education (NYSE: ATGE), a leading global education provider, today reported academic, operating and financial results for its fiscal 2018 third quarter ended March 31, 2018, including enrollment results at Adtalem Education Brazil, Carrington College, Chamberlain University, and DeVry University/Keller Graduate School of Management.

“Our ongoing portfolio transformation positions the organization for sustainable long-term growth in our medical and healthcare, professional education and technology and business verticals,” said Lisa Wardell, president and CEO of Adtalem Global Education. “Driven by our student-centric culture, we are focused on delivering superior outcomes and achieving academic excellence across our portfolio of institutions. The underlying economics of our organization continue to improve and our financial position remains strong, supporting our ability to invest in growth initiatives and consistently return capital to our fellow owners.”

Financial and Operating Highlights

Selected financial data for the three months ended March 31, 2018:

  • Revenue of $342.2 million increased 2.9 percent compared to the prior year
  • Net income was $39.3 million compared to $39.9 million in the prior year; net income from continuing operations, excluding special items, was $44.9 million, compared to $37.9 million in the prior year

The following information was filed by Adtalem Global Education Inc. (ATGE) on Thursday, May 3, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Definitive Proxy Statement (Form DEF 14A)
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Adtalem Global Education Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income (loss)
Consolidated Statements Of Income (loss)
Business Combinations
Business Combinations (acquired Intangible Assets Subject To Amortization And Values And Estimated Useful Lives) (detail)
Business Combinations (estimated Fair Values Of Assets Acquired And Liabilities Assumed) (detail)
Business Combinations (tables)
Business Combinations - Additional Information (detail)
Commitments And Contingencies
Debt
Debt - Additional Information (detail)
Discontinued Operations And Assets Held For Sale
Discontinued Operations And Assets Held For Sale (summary Of Balance Sheet Information Of Assets And Liabilities) (detail)
Discontinued Operations And Assets Held For Sale (summary Of Income Statement Information Of Operations) (detail)
Discontinued Operations And Assets Held For Sale (tables)
Discontinued Operations And Assets Held For Sale - Additional Information (detail)
Dividends And Share Repurchase Programs
Dividends And Share Repurchase Programs (shares Repurchased Under Programs) (detail)
Dividends And Share Repurchase Programs (tables)
Dividends And Share Repurchase Programs - Additional Information (detail)
Fair Value Measurements
Fair Value Measurements (assets Measured At Fair Value On Recurring Basis) (detail)
Fair Value Measurements (tables)
Fair Value Measurements - Additional Information (detail)
Financing Receivables
Financing Receivables (credit Risk Profiles Of Institutional Loan Balance) (detail)
Financing Receivables (institutional Loan Balances And Related Allowances For Credit Losses) (detail)
Financing Receivables (institutional Loans Past Due) (detail)
Financing Receivables (tables)
Financing Receivables - Additional Information (detail)
Income Taxes
Income Taxes - Additional Information (detail)
Intangible Assets
Intangible Assets (changes In Carrying Amount Of Goodwill, By Segment) (detail)
Intangible Assets (estimated Amortization Expense For Amortized Intangible Assets) (detail)
Intangible Assets (schedule Of Intangible Assets) (detail)
Intangible Assets (summary Of Goodwill Balances By Reporting Segment) (detail)
Intangible Assets (summary Of Goodwill Balances By Reporting Unit) (detail)
Intangible Assets (summary Of Indefinite-lived Intangible Assets Balances By Reporting Segment) (detail)
Intangible Assets (tables)
Intangible Assets - Additional Information (detail)
Interim Financial Statements
Interim Financial Statements - Additional Information (detail)
Regulatory Settlements
Regulatory Settlements - Additional Information (detail)
Restructuring Charges
Restructuring Charges (pre-tax Restructuring Charges) (detail)
Restructuring Charges (separation And Restructuring Plan Activity) (detail)
Restructuring Charges (tables)
Restructuring Charges - Additional Information (detail)
Segment Information
Segment Information (revenues And Long-lived Assets By Geographic Area) (detail)
Segment Information (tables)
Segment Information (tabulation Of Business Segment Information Based On Current Segmentation) (detail)
Segment Information - Additional Information (detail)
Stock-based Compensation
Stock-based Compensation (fair Values Of Stock Option Awards Weighted Average Assumptions) (detail)
Stock-based Compensation (summary Of Options Activity) (detail)
Stock-based Compensation (summary Of Restricted Stock Units Activity) (detail)
Stock-based Compensation (summary Of Stock Appreciation Rights Activity) (detail)
Stock-based Compensation (tables)
Stock-based Compensation (total Stock-based Compensation Expense Included In Consolidated Statement Of Income) (detail)
Stock-based Compensation - Additional Information (detail)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (consolidated Statements Of Cash Flows) (detail)
Summary Of Significant Accounting Policies (policies)
Summary Of Significant Accounting Policies (reconciliation Of Basic Shares To Diluted Shares) (detail)
Summary Of Significant Accounting Policies (reconciliation Of Non-controlling Interest Balance) (detail)
Summary Of Significant Accounting Policies (tables)
Summary Of Significant Accounting Policies - Additional Information (detail)

Material Contracts, Statements, Certifications & more

Adtalem Global Education Inc. provided additional information to their SEC Filing as exhibits

Ticker: ATGE
CIK: 730464
Form Type: 10-Q Quarterly Report
Accession Number: 0001144204-18-025084
Submitted to the SEC: Thu May 03 2018 4:07:16 PM EST
Accepted by the SEC: Thu May 03 2018
Period: Saturday, March 31, 2018
Industry: Educational Services

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