another for the as to and year call. number fiscal Jay. a XXXX Fiscal conference Good and quarter milestones. pivotal fourth significant Adtalem Thanks, join XXXX our for year everyone, achieved you was time afternoon, we of thank earnings taking year
complementary of and our we deploy institutions like-kind of our to and realize legacy where economies portfolio enterprise-wide all centralized enhance student best the the We capabilities our gravity journey. in can the scale Walden completed with of marketing align integration centers excellence, practices into we of and starters, center of experience into For efforts student healthcare. institutions, and a and
significant points two-year We EBITDA basis efficiencies to our fiscal to for achieved identified improve grow generate creating persistence student model. more synergy margin durable invest a increase position program, growth, future year XXXX. year XX% leverage, XXXX, adjusted an and opportunities to We to approximately for We’ve operating profitable XXX $XX operating million sustainably is our which of cost profile. expand and fiscal compared ourselves enrollment, margin expanded further
business, delivering strategy and Finally, purpose across outcomes. which the we our access while aspiring continuing students for and our the improving expand accelerating formally launched growth critical performance with on to activities of focuses academic value-creating high-quality
We’re momentum. still journey, total is growth enrollment early building but in already purpose with that
we’ve is U.S. deficit exasperates that and a repositioned that serve with the struggling as healthcare country. equities across uniquely massive We care the believe communities to addressing quality and Adtalem solution scaled health in talent challenges. threatens a of these
we Our and students careers responsive rigorous, XX,XXX are over healthcare that for outcomes graduated diverse XX,XXX needs the expand the to through workforce the delivery high-quality in post-secondary over for to attractive serve academic XXXX. and programs of to students access of industry
are communities and exclusive in is today. shortages at systems are so regarded rural, country. both that opportunities address the graduates believe through unrivaled some no we model provider for Our in the and the country, It’s scale we aspiring the highly At access-focused health current known serving growing across clinicians secret urban in and inclusive and and scarce. best that Adtalem, and an of doing
billion the revenue XXXX our we fiscal ended was established results, of year transformation and year. $X.XX, the most Total year. enrollment at at positive increasing up share the and With are we as recent ended year their respect $X.XX initiatives year. throughout our improved Adjusted ahead the earnings goals operational the the per our expectations generating year trends for of surpassed to X% returns. consistently XX% intended of that have outset Full year-over-year
year, Over our the repurchases. generated million through the flow and course $XXX owners returned of $XXX share cash we of million to free
strong, net continues with the cash in remain $XXX balance X.Xx. Our year on of hand leverage closing million sheet to and
As I launched application the marketing, of year, campaigns a approach value our investments and marketing mentioned is to refreshed which five Growth deliver brand results through we we fourth the refined strategy and and access expand more with Purpose data-driven programs. earlier, funnel. the retention, throughout strategy, quarter optimizing balanced to good insights, student pillars across and outcomes marketing pricing of designed deliver enhanced In our creation: to through enrollment, the
We’re connecting leading increased key the as thousands such opportunities our our level a double-digit brand quarter. that and programs to and when The about our meaningful for team learn positive in translated demand where, creating quarter-to-quarter more BSN achieving students programs to demand fourth and growth growth all deeper inquiry with awareness, standard flexible the with they grew educating year-over-year Increased at and generating way. of with is programs inbound meet students institutions institutions how best. grow potential RN as counseling our to inquiry year-over-year program our has BSN importantly, program,
student sustainably experience. of enrollments, enhancing part As effort we the remain committed to grow to the
students, registration and XXXX, our over have process, term. prospective Our we affirmative personalizing focused upcoming engaged the on for to launched enrollment teams our students proactive engagement with existing enrollment the simplifying classes XX,XXX which process In streamlining alike. and
tools digital These increase XX/X, over self-service student our XXX,XXX rate students, to opportunity over personalized high-touch and and and more real for on student-facing provide students with affording Chamberlain prospective tool current advisers bandwidth through more with conversations time we’ve Walden assistant focus answers success January in addressed in engaging and alike. a our since XX%. addition, automated In of
the online markets access highest Chamberlain University expanding of is nursing both physically shortages. and with some in
new students, At to Stockbridge accommodate students campus to will for in example, our existing the cohort access And hybrid our keeps previously, shortage. be as impacting we’ll demand Stockbridge, including hybrid weekend first with X,XXX outpacing locations us and students campus online, is noted XXX of at and these footprint up XXX two at students, able to providing at forefront our the September, Georgia’s pathways. will Georgia. campus-based up For campus. curriculum we’ve students. for to nursing campus our capacity Collectively, the evening Atlanta, in This train welcome flexibility maximum of scale, positively Chamberlain’s
continue progress also to We be pleased at Walden. with
digits led our brand growth, nursing on fourth and Our student in just created investments a the and over have was this quarter programs. year-over-year social behavioral in momentum as new basis. in by our is marketing mix shift which double growth up And in importantly, sciences
XX-year persistence, continues the in in the accreditation July the up student Commission of quarter. again to period. in achieve renewed which Walden was proud particularly we’re for addition, In fourth Moreover, national Learning gains Walden’s a Higher
The School year-over-year Medicine schools, of Ross for and of American remained the Med/Vet. to capacity University our Veterinary the quarter. University fourth the continues in operate Medicine Ross high of near both to with high in School medical Shifting of School Inbound inquiry and matriculation. up University persistence Medicine of Caribbean the
that for factors for by cohort, were fell cohort enrollments sizable total a challenging intake our However, cycle a to of the May lead and driven on a quarter X short of including USMLE expectations. Step prepare lower a graduating large year-over-year, combination
programs. to to XX% that a of the we medical on challenges we schools including But the XX% access, in for as excellence, remain a programs well attainment XXXX strong. year focus permit number operational the medical we Step fact in our This executing trends have our with of year. to XXXX first-time able from students our of XXXX as in be physicians. and Med/Vet prospects this pandemic. X proud intake to May already enrollment aspiring academic plans. through confidence has a expect current enrollment half compared USMLE those persist appeal to and in to me challenges shortfall to plans on professionals tremendous conversion medical greater proposition gives were five-year identified total of confident XXXX we residency the by quarter and our contributing the back growth as total value growth proposition, graduated I’m the that long-term to remediation combined high-quality obviously our improve the rate exit of pass and returning are cumulative the for outcomes, Temporary notwithstanding, XXXX, on We’re value Focus of efficacy rate last sure, of the
our adaptive capabilities is an enable to in we in-house to classroom into improve student positive creates license pace by content, software agreement that learning students loops bolstered data beyond. outcomes. and the and mastery learn assessments the perpetual their Technologies. quarter, Edapt to entering with leverages updates individualized The on platform focusing proprietary real-time a of adaptive In own Edapt continually with reinforcement the at learning learning
tool our learning prepare This with adaptive differentiator, nursing by results. and another is really we’re testing We’ve XX,XXX students iterating the this been and encouraged personalized driving Chamberlain over unique as exam. success NCLEX at the for students,
In of across we’ve a learning already be cases institutions. addition, for identified applied adaptive our use to additional tools number
lowering On matriculation expectations of has pricing, it program a been outpacing well the and students, Scholarship our is as received optimization value the the driving financially the at graduation of Walden, net to of the developed incentivizing being student a enrollment. matriculation This rewards At success. strategy Achieve and of is lifetime Walden, kind Believe working. our cost example innovation realization of great by and incentivizes student win-win and tuition,
MSN over at launching X,XXX data-driven a growth pillar specialty-focused a in competency-based ago. interest to as launching Chamberlain, Tempo our enrollments years now the strategic And health with finally, students programs. mental and positioning program program of XX% new to fifth marketing strengthen practitioner campaign. continue nurse during the new our tracks result quarter since a program enrolling a generate two saw Over simplified significant strategy fourth Walden’s psychiatric
health bring and BrightStar developed are providers our care, We’re to leading in specialty-focused market also which Care partnership excited being with and models, DaVita. home like practice-ready to kidney
for color With the outlook back in during our that, now Day guide we on that provide some on our June. Investor me provided XXXX let builds fiscal
end to low and of raising anticipate of for now $X.XX, $X.XX range be billion a $X.XX to revenue our range earnings the maintaining billion. We’re while adjusted adjusted to $X.XX guidance EPS
momentum off start, improvement by driven is in student and Fiscal XXXX encouraging enrollment persistence. to ongoing new in an
Taken to while total operating confident XXXX. the performance growth purpose profile accelerate long model, strategy term. in ability maintaining and with profitability I’m our growth optimal investing margin together, industry-leading to enrollment foundation, expanding year during near-term fiscal our strong and integrated to return our in an balance between strike
the truly care is I the people way to health that closing, change it. believe to of more opportunity provide best positively the In impact to future
face uniquely We’re help who of the and compassionate confident deliver culturally elevate changing those by of that care. standards to positioned that’s care,
qualified delivering As committed health health mission-driven care remain clinicians diverse, highly and advancing to organization, a equity at scale. we
to willingness XX,XXX thank beyond, I good. and for continue nearly end, our students to go make to It which and to our colleagues the delivers above leadership, want commitment showed upholds that positive exemplary force a who Adtalem and To passion outcomes.
greater I’ll and now XXXX to the year quarter the XXXX Bob in you. Thank you call fiscal year to take outlook over detail. hand through fiscal fourth
