Why Adtalem Global Education Stock Was Dropping Today
Shares of Adtalem Global Education (NYSE: ATGE) were down by 14.6% as of 1:01 p.m. ET on Wednesday after the healthcare-focused education provider reported earnings results for its fiscal 2022 second quarter.
Revenue increased 58% year over year to $371.2 million, but came in well short of analysts' consensus estimate of $419 million. Earnings per share excluding discontinued operations improved to $0.75 from $0.61 in the prior-year period.
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Source Fool.com
