![]() ![]() ![]() All forward-looking statements set forth in this release are Because of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements. Factors that mightĬause or contribute to a material difference include the risks discussed in Item 1A, “Risk Factors,” in our most recent Annual Report on Form 10-K for the fiscal year ended Jfiled with the Securities and Exchange Commission (SEC) onĪugand our other filings with the SEC. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that mayĬause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends,Ĭurrent conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances. The absence of these words does not mean that the statements are not forward-looking. “forecasts,” “estimates,” “plans,” “intends,” “continues,” “may,” “will,” “should,” “could,” or other words or phrases of similar import which predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements generally can be identified by phrases such as Adtalem Global Education or its management “believes,” “expects,” “anticipates,” “foresees,” Historical fact are, or may be deemed to be, forward-looking statements. Including those statements concerning expectations or plans, constitute “forward-looking statements” within the meaning of the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. In segment operating income is the result of the timing of the ACAMS conference and corporate costs that were previously allocated to our former Business and Law segment.Ĭertain statements contained in this release concerning Adtalem Global Education’s expected future performance, Excluding special items, segment operating income in the second quarter declined 41.0% to $5.7 million. Segment operating income decreased 52.8% to $4.5 million compared with the prior year. Year 2019 acquisition of OnCourse Learning. Second quarter segment revenue included $8.1 million of revenue from the fourth quarter of fiscal The decrease in ACAMS revenue isĭue to a year-over-year change in the timing of the Las Vegas conference, which shifted from the second quarter in 2019 to the first quarter in 2020. The decrease in Becker Accounting revenue is due to timing of certain enterprise orders which will positively impact the second half of the year. ![]() Of Anti-Money Laundering Specialists (ACAMS) revenue decreased 9.9%. Becker Accounting revenue decreased 3.4% and the Association Second quarter segment revenue increased 9.1% to $46.0 million compared with the prior year. ![]()
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