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.
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