Adtalem Global Education Inc. (NYSE: ATGE), the parent company of DeVry Education, saw its stock price surge 5.24% during the post-market session on Wednesday.

The significant upward movement follows the company's release of robust fiscal second-quarter 2026 results, which exceeded analyst expectations. Adtalem reported quarterly revenue of $503.4 million, a 12.4% year-over-year increase that beat estimates, and adjusted earnings per share of $2.43, representing a 34.3% jump from the prior year.

Furthermore, the company raised its full-year adjusted EPS guidance to a range of $7.80 to $8.00 and announced a new $750 million share repurchase program authorized through December 2028. These positive developments, combined with continued enrollment growth and strong performance at its Walden University segment, fueled investor optimism and drove the stock higher.