Market Summary
USD42.85+0.45
Market Closed1.06%
ATGE Alerts
ATGE Stock Price
ATGE RSI Chart
ATGE Valuation
ATGE Price/Sales (Trailing)
ATGE Profitability
ATGE Fundamentals
ATGE Revenue
ATGE Earnings
Price Action
52 Week Range
33.5947.25
(Low)(High)
Last 7 days
-0.7%
Last 30 days
-0.3%
Last 90 days
22.6%
Trailing 12 Months
19.2%
ATGE Financial Health
ATGE Investor Care
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Net sales
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Latest Insider Trading transactions for ATGE
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-08 | Beard, Stephen W. | sold (taxes) | -571,322 | 44.22 | -12,920 | president and ceo |
2023-08-29 | Trent Evan | sold (taxes) | -7,359 | 43.55 | -169 | svp, chief strat. & transform |
2023-08-28 | Cox Karen Sue | sold (taxes) | -9,493 | 43.55 | -218 | president, chamberlain univ. |
2023-08-28 | Beard, Stephen W. | sold (taxes) | -22,254 | 43.55 | -511 | president and ceo |
2023-08-28 | WARDELL LISA W | sold (taxes) | -118,151 | 43.55 | -2,713 | - |
2023-08-28 | Gangadharan Manjunath | sold | -61,614 | 43.4516 | -1,418 | vp, chief accounting officer |
2023-08-26 | Phelan Robert J. | sold (taxes) | -22,636 | 43.2 | -524 | chief financial officer |
2023-08-26 | Beard, Stephen W. | acquired | 582,854 | 43.2 | 13,492 | president and ceo |
2023-08-26 | WARDELL LISA W | sold (taxes) | -1,468,020 | 43.2 | -33,982 | - |
2023-08-26 | Phelan Robert J. | acquired | 60,048 | 43.2 | 1,390 | chief financial officer |
Which funds bought or sold ATGE recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 48.24 | 383,000 | 1,586,000 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -24.37 | -799,332 | 1,641,450 | 0.02% |
2023-08-22 | COMERICA BANK | new | - | 1,000 | 1,000 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.63 | -293,346 | 1,891,930 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 5.74 | -33,000 | 501,000 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 0.31 | -34,093 | 281,127 | -% |
2023-08-16 | Nuveen Asset Management, LLC | added | 0.89 | -495,967 | 4,322,030 | -% |
2023-08-15 | Parkside Financial Bank & Trust | reduced | -0.43 | -1,035 | 8,003 | -% |
2023-08-15 | State of Tennessee, Treasury Department | added | 0.14 | -116,570 | 947,063 | -% |
2023-08-15 | First Capital Advisors Group, LLC. | new | - | 859 | 859 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
ATGE Alerts
Schedule 13G FIlings of Adtalem Global Education
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | ariel investments, llc | 8.4% | 3,809,879 | SC 13G/A | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 10.77% | 4,891,122 | SC 13G/A | |
| Jan 26, 2023 | blackrock inc. | 16.0% | 7,242,184 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 16.0% | 7,242,184 | SC 13G | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 10.42% | 5,187,988 | SC 13G/A | |
| Feb 08, 2022 | dimensional fund advisors lp | 7.4% | 3,698,005 | SC 13G/A | |
| Feb 04, 2022 | wedge capital management l l p/nc | 2.6% | 1,273,599 | SC 13G/A | |
| Jan 27, 2022 | blackrock inc. | 15.9% | 7,898,398 | SC 13G/A |
Recent SEC filings of Adtalem Global Education
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 11, 2023 | 4 | Insider Trading | |
| Sep 06, 2023 | 8-K | Current Report | |
| Aug 29, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 4/A | Insider Trading | |
| Aug 29, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 4 | Insider Trading |
ATGE Fair Value
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Peers (Alternatives to Adtalem Global Education)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MGM | 12.9B | 14.8B | -15.20% | 19.38% | 34.4 | 0.87 | 24.74% | -88.46% |
WYNN | 10.4B | 4.9B | -4.70% | 52.12% | 1.5K | 2.12 | 26.04% | 101.07% |
| MID-CAP | ||||||||
MTN | 10.0B | 2.9B | 8.11% | 16.44% | 34.79 | 3.47 | 17.20% | -8.79% |
SCI | 8.9B | 4.0B | -5.74% | 2.28% | 18.21 | 2.2 | -3.19% | -36.23% |
BFAM | 4.9B | 2.2B | -10.40% | 44.64% | 75.57 | 2.21 | 18.83% | -26.84% |
LOPE | 3.5B | 928.1M | 0.56% | 44.33% | 18.49 | 3.78 | 2.89% | -12.22% |
PENN | 3.4B | 6.6B | -1.84% | -16.41% | 4.63 | 0.52 | 4.51% | 252.90% |
GHC | 2.8B | 4.2B | 1.70% | 7.76% | 12.82 | 0.65 | 19.67% | 40.01% |
STRA | 1.9B | 1.1B | -2.56% | 22.54% | 50.55 | 1.72 | 0.26% | -23.35% |
CHGG | 1.0B | 740.4M | -9.70% | -53.73% | 3.67 | 1.39 | -4.64% | 534.34% |
HRB | - | 3.5B | 6.05% | -4.43% | - | - | 0.26% | 0.00% |
| SMALL-CAP | ||||||||
LRN | 1.9B | 1.8B | 8.64% | 10.51% | 15.26 | 1.05 | 8.93% | 18.42% |
ATGE | 1.8B | 1.5B | -0.30% | 19.16% | 19.42 | 1.25 | 4.69% | -70.42% |
PRDO | 1.1B | 726.7M | 4.97% | 63.70% | 8.72 | 1.53 | 6.17% | 15.53% |
APEI | 90.8M | 598.9M | -11.13% | -38.58% | -1.35 | 0.15 | 7.59% | 29.57% |
Adtalem Global Education News
Returns for ATGE
Cumulative Returns on ATGE
3.9%
10-Year Cumulative Returns
9.8%
7-Year Cumulative Returns
-1.1%
5-Year Cumulative Returns
19.6%
3-Year Cumulative Returns
Risks for ATGE
What is the probability of a big loss on ATGE?
85.4%
Probability that Adtalem Global Education stock will be more than 20% underwater in next one year
60.4%
Probability that Adtalem Global Education stock will be more than 30% underwater in next one year.
26.5%
Probability that Adtalem Global Education stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ATGE drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Adtalem Global Education was unfortunately bought at previous high price.
Drawdowns
Financials for Adtalem Global Education
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 0.2% | 1,451 | 1,448 | 1,443 | 1,451 | 1,386 | 1,248 | 1,114 | 977 | 907 | 943 | 984 | 1,016 | 1,052 | 1,057 | 1,044 | 1,032 | 1,014 | 1,069 | 1,121 | 1,175 | 1,231 |
| S&GA Expenses | 3.4% | 586 | 567 | 571 | 584 | 566 | 507 | 432 | 351 | 292 | 235 | 257 | 281 | 280 | 382 | 377 | 369 | 359 | 321 | 328 | 328 | 328 |
| EBITDA | -100.0% | - | 225 | 196 | 175 | 129 | 129 | 130 | 133 | 162 | 112 | 332 | 278 | 257 | 307 | 80.00 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.16* | 0.14* | 0.12* | 0.09* | 0.10* | 0.11* | 0.12* | 0.16* | 0.10* | 0.31* | 0.26* | 0.24* | 0.29* | 0.08* | - | - | - | - | - | - |
| Interest Expenses | -6.2% | 63.00 | 67.00 | 89.00 | 100 | 129 | 135 | 107 | 85.00 | 41.00 | 20.00 | 17.00 | 18.00 | 20.00 | 47.00 | 39.00 | 29.00 | 20.00 | 2.00 | 4.00 | 7.00 | 12.00 |
| Earnings Before Taxes | 2.9% | 112 | 109 | 56.00 | 28.00 | -51.49 | -77.24 | -44.48 | -16.59 | 76.00 | 106 | 237 | 218 | 205 | 241 | 123 | 168 | 140 | 105 | 114 | 119 | 156 |
| EBT Margin | -100.0% | - | 0.08* | 0.04* | 0.02* | -0.03* | -0.04* | -0.02* | 0.01* | 0.08* | 0.13* | 0.25* | 0.24* | 0.23* | 0.23* | 0.12* | - | - | - | - | - | - |
| Net Income | 16.4% | 93.00 | 80.00 | 382 | 376 | 316 | 317 | -6.49 | -1.02 | 77.00 | -188 | -61.97 | -79.76 | -85.33 | 220 | 107 | 119 | 95.00 | 108 | 110 | 11.00 | 34.00 |
| Net Income Margin | -100.0% | - | 0.06* | 0.26* | 0.26* | 0.23* | 0.24* | -0.01* | 0.00* | 0.08* | -0.17* | -0.06* | -0.07* | -0.08* | 0.21* | 0.10* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 80.00 | 25.00 | 31.00 | -20.63 | 65.00 | 93.00 | 116 | 152 | 99.00 | 137 | 92.00 | 64.00 | 143 | 126 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -2.0% | 2,811 | 2,867 | 2,843 | 2,996 | 3,030 | 3,520 | 3,660 | 3,799 | 3,085 | 3,062 | 2,275 | 2,330 | 2,258 | 2,444 | 2,391 | 2,460 | 2,243 | 2,149 | 2,122 | 2,350 | 2,345 |
| Current Assets | -10.2% | 479 | 533 | 423 | 570 | 557 | 1,012 | 611 | 710 | 1,515 | 1,498 | 681 | 768 | 693 | 544 | 390 | 456 | 505 | 540 | 507 | 739 | 688 |
| Cash Equivalents | -13.2% | 274 | 315 | 208 | 328 | 347 | 789 | 275 | 324 | 1,295 | 462 | 416 | 561 | 483 | 168 | 67.00 | 121 | 205 | 231 | 208 | 334 | 373 |
| Net PPE | 2.3% | 259 | 253 | 276 | 282 | 290 | 295 | 302 | 309 | 284 | 279 | 279 | 290 | 286 | 286 | 282 | 281 | 283 | 279 | 276 | 351 | 389 |
| Goodwill | 0% | 961 | 961 | 961 | 961 | 961 | 961 | 960 | 953 | 310 | 310 | 310 | 686 | 686 | 686 | 687 | 687 | 687 | 628 | 628 | 627 | 814 |
| Liabilities | -0.3% | 1,353 | 1,357 | 1,320 | 1,486 | 1,539 | 2,041 | 2,370 | 2,532 | 1,782 | 1,753 | 959 | 996 | 915 | 1,146 | 1,093 | 1,130 | 842 | 736 | 684 | 901 | 817 |
| Current Liabilities | -1.5% | 431 | 438 | 371 | 491 | 424 | 526 | 497 | 636 | 409 | 382 | 341 | 410 | 346 | 345 | 304 | 412 | 312 | 309 | 244 | 459 | 366 |
| LT Debt, Current | - | - | - | - | - | - | - | 9.00 | 6.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| LT Debt, Non Current | 0.1% | 695 | 694 | 694 | 742 | 839 | 1,225 | 1,600 | 1,600 | 1,068 | 1,068 | 284 | 286 | 286 | 447 | 412 | 328 | 398 | 289 | 289 | 290 | 290 |
| Shareholder's Equity | -3.5% | 1,457 | 1,510 | 1,509 | 1,510 | 1,491 | 1,479 | 1,277 | 1,265 | 1,294 | 1,306 | 1,314 | 1,331 | 1,310 | 1,295 | 1,295 | 1,327 | 1,392 | 1,405 | 1,430 | 1,440 | 1,519 |
| Retained Earnings | 0.9% | 2,404 | 2,382 | 2,349 | 2,325 | 2,310 | 2,304 | 1,965 | 1,947 | 2,005 | 1,995 | 1,971 | 1,947 | 1,928 | 2,184 | 2,033 | 2,027 | 2,013 | 1,964 | 1,926 | 1,908 | 1,917 |
| Additional Paid-In Capital | 0.8% | 569 | 564 | 561 | 529 | 522 | 517 | 542 | 537 | 520 | 517 | 512 | 508 | 504 | 500 | 497 | 492 | 486 | 483 | 480 | 470 | 455 |
| Accumulated Depreciation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 314 | 323 | 354 | 345 | 306 | 377 |
| Shares Outstanding | -4.3% | 42.00 | 44.00 | 45.00 | 45.00 | 45.00 | 45.00 | 50.00 | 50.00 | 49.00 | 50.00 | 51.00 | 52.00 | 52.00 | 52.00 | 53.00 | 55.00 | 55.00 | 57.00 | 58.00 | 59.00 | 60.00 |
| Minority Interest | - | - | - | - | - | - | - | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 10.00 | 8.00 | 9.00 | 9.00 | 9.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 87.6% | 203 | 108 | 51.00 | 61.00 | 11.00 | 100 | 130 | 153 | 192 | 146 | 185 | 140 | 108 | 182 | 168 | 174 | 205 | 184 | 212 | 227 | 239 |
| Share Based Compensation | -4.1% | 14.00 | 15.00 | 17.00 | 19.00 | 23.00 | 21.00 | 20.00 | 19.00 | 13.00 | 13.00 | 13.00 | 13.00 | 14.00 | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 13.00 | 14.00 | 14.00 |
| Cashflow From Investing | -36.9% | 13.00 | 20.00 | 940 | 931 | -551 | -563 | -1,537 | -1,531 | -56.69 | 377 | 375 | 374 | 383 | -162 | -165 | -199 | -213 | -102 | -110 | -77.96 | -71.45 |
| Cashflow From Financing | 52.1% | -288 | -602 | -1,106 | -1,042 | -424 | -51.48 | 1,244 | 1,196 | 676 | 535 | -215 | -143 | -256 | -63.09 | -122 | -199 | -137 | -25.48 | -15.43 | 30.00 | 37.00 |
| Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Buy Backs | - | 123 | - | - | - | 120 | 277 | 110 | - | 100 | 82.00 | 82.00 | 97.00 | 137 | 213 | 237 | 234 | 253 | 202 | 160 | 146 | 137 |
ATGE Income Statement
2023-06-30Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2021 | |
| Income Statement [Abstract] | |||
| Revenue | $ 1,450,826 | $ 1,381,842 | $ 899,248 |
| Operating cost and expense: | |||
| Cost of educational services | 648,486 | 659,776 | 457,905 |
| Student services and administrative expense | 586,009 | 566,494 | 292,482 |
| Restructuring expense | 18,817 | 25,628 | 6,869 |
| Business acquisition and integration expense | 42,661 | 53,198 | 31,593 |
| Gain on sale of assets | (13,317) | 0 | 0 |
| Total operating cost and expense | 1,282,656 | 1,305,096 | 788,849 |
| Operating income | 168,170 | 76,746 | 110,399 |
| Other income (expense): | |||
| Interest expense | (63,100) | (129,348) | (41,365) |
| Other income, net | 6,965 | 1,108 | 6,732 |
| Income (loss) from continuing operations before income taxes | 112,035 | (51,494) | 75,766 |
| (Provision for) benefit from income taxes | (10,283) | 15,539 | (12,318) |
| Income (loss) from continuing operations | 101,752 | (35,955) | 63,448 |
| Discontinued operations: | |||
| (Loss) income from discontinued operations before income taxes | (8,464) | (986) | 9,307 |
| (Loss) gain on disposal of discontinued operations before income taxes | (3,576) | 473,483 | 0 |
| Benefit from (provision for) income taxes | 3,646 | (125,551) | (3,162) |
| (Loss) income from discontinued operations | (8,394) | 346,946 | 6,145 |
| Net income | 93,358 | 310,991 | 69,593 |
| Net loss attributable to redeemable noncontrolling interest from discontinued operations | 0 | 0 | 434 |
| Net Income (Loss) | 93,358 | 310,991 | 70,027 |
| Amounts attributable to Adtalem: | |||
| Continuing operations | 101,752 | (35,955) | 63,448 |
| Net (loss) income from discontinued operations | (8,394) | 346,946 | 6,579 |
| Net Income (Loss) | $ 93,358 | $ 310,991 | $ 70,027 |
| Basic: | |||
| Continuing operations | $ 2.27 | $ (0.74) | $ 1.24 |
| Discontinued operations | (0.19) | 7.17 | 0.13 |
| Total basic earnings per share | 2.08 | 6.43 | 1.36 |
| Diluted: | |||
| Continuing operations | 2.23 | (0.74) | 1.23 |
| Discontinued operations | (0.18) | 7.17 | 0.13 |
| Total diluted earnings per share | $ 2.05 | $ 6.43 | $ 1.36 |
| Weighted-average shares outstanding: | |||
| Basic shares | 44,781 | 48,388 | 51,322 |
| Diluted shares | 45,600 | 48,388 | 51,645 |
ATGE Balance Sheet
2023-06-30Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Jun. 30, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 273,689 | $ 346,973 |
| Restricted cash | 1,386 | 964 |
| Accounts receivable, net | 102,749 | 81,635 |
| Prepaid expenses and other current assets | 100,715 | 127,532 |
| Total current assets | 478,539 | 557,104 |
| Noncurrent assets: | ||
| Property and equipment, net | 258,522 | 289,926 |
| Operating lease assets | 174,677 | 177,995 |
| Deferred income taxes | 56,694 | 51,093 |
| Intangible assets, net | 812,338 | 873,577 |
| Goodwill | 961,262 | 961,262 |
| Other assets, net | 68,509 | 119,283 |
| Total noncurrent assets | 2,332,002 | 2,473,136 |
| Total assets | 2,810,541 | 3,030,240 |
| Current liabilities: | ||
| Accounts payable | 81,812 | 57,140 |
| Accrued payroll and benefits | 52,041 | 67,792 |
| Accrued liabilities | 105,806 | 98,124 |
| Deferred revenue | 153,871 | 149,810 |
| Current operating lease liabilities | 37,673 | 50,781 |
| Total current liabilities | 431,203 | 423,647 |
| Noncurrent liabilities: | ||
| Long-term debt | 695,077 | 838,908 |
| Long-term operating lease liabilities | 163,441 | 177,045 |
| Deferred income taxes | 26,068 | 25,554 |
| Other liabilities | 37,416 | 73,700 |
| Total noncurrent liabilities | 922,002 | 1,115,207 |
| Total liabilities | 1,353,205 | 1,538,854 |
| Commitments and contingencies | ||
| Shareholders' equity: | ||
| Common stock, $0.01 par value per share, 200,000 shares authorized; 42,310 and 45,177 shares outstanding as of June 30, 2023 and June 30, 2022, respectively | 822 | 818 |
| Additional paid-in capital | 568,761 | 521,848 |
| Retained earnings | 2,403,750 | 2,310,396 |
| Accumulated other comprehensive loss | (2,227) | (2,227) |
| Treasury stock, at cost, 39,922 and 36,619 shares as of June 30, 2023 and June 30, 2022, respectively | (1,513,770) | (1,339,449) |
| Total shareholders' equity | 1,457,336 | 1,491,386 |
| Total liabilities and shareholders' equity | $ 2,810,541 | $ 3,030,240 |
Adtalem Global Education Inc. provides workforce solutions worldwide. It operates through two segments, Medical and Healthcare; and Financial Services. The Medical and Healthcare segment offers degree and non-degree programs in the medical and healthcare postsecondary education industry. This segment operates Chamberlain University, American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine. The Financial Services segment provides test preparation, certifications, conferences, seminars, memberships, and subscriptions to business professionals in the areas of accounting, anti-money laundering, banking, and mortgage lending. It operates Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, OnCourse Learning, and EduPristine. The company was formerly known as DeVry Education Group Inc. and changed its name to Adtalem Global Education Inc. in May 2017. Adtalem Global Education Inc. was incorporated in 1987 and is based in Chicago, Illinois.