Adtalem Exceeds Q3 Expectations and Eyes 2024 Growth Amid Healthcare Labor Shortage | Steve Beard , CEO, Adtalem Global Education. 00:10:00
Adtalem Global Education (ATGE) has surpassed Wall Street expectations in its third-quarter earnings, reporting $368 million in revenue and an adjusted EPS of $0.93. CEO Steve Beard attributes this success to strategic initiatives, despite the challenges posed by the pandemic, which he acknowledges as a significant obstacle for higher education. Looking ahead to 2024, Beard expresses optimism as Adtalem forecasts improved enrollment trends, a crucial factor in addressing the growing healthcare labor shortage.