After Adtalem 4th quarter earnings sunk in to the market, stock dropped substantially, currently down 15%. I thought it was over inflated and may still drop a few more percent. Alas Lisa has the plan: In a press release, CEO Lisa Wardell said, "We continue to streamline and strategically align our portfolio to deliver consistent growth in areas of competitive differentiation for Adtalem, while driving further operating efficiencies across our organization, and balancing our capital allocation by investing in our institutions and providing direct returns to our owners." If you see nothing in that statement, you’re astute. Zero, zip, nada. Other than more cuts.
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Not just LW. It was also mentioned in the town halls recently. But they could be coming from the same source.
they is LW. It was asked in earnings call...
"they are actually claiming that devry enrollments have increased. i wonder how did that happen?"
Who is the "they" and what are their sources?
they are actually claiming that devry enrollments have increased. i wonder how did that happen?
I heard LW takes conference calls in her bed while her children play alongside of her.
Wardell has been here for awhile. She was a board member before getting the top seat. She has been a part of the problem for a long time too. She needs to go and they find someone outside the mediocre leadership this place keeps around.
With devry gone, who will be their scapegoat now?
I hope Wardell is the first cut!
Post here
https://seekingalpha.com/news/3383851-adtalem-global-education-slides-16_5-percent-post-q4-results
More cuts expressed as double speak.
Sorry. I hope that they fail. They kicked us to the curb. It would be very ironic if DVU is the one that survives!