Slide 1: 2nd Quarter Fiscal 2017 Financial Results
2nd Quarter Fiscal 2017 Financial Results February 2, 2017 DeVry Education Group
Slide 2: Four Key Priorities
Four Key Priorities Heighten culture of student-centric focus and academic excellence Stabilize revenue and grow operating income and EPS Accelerate efforts to leverage organizational synergies Resolve significant regulatory matters 2nd Quarter Fiscal 2017 Results $0.23 Earnings Per Share $4.8 milli
Slide 3: Financial Overview – 2nd Quarter
3 Financial Overview – 2nd Quarter US $ Millions (except EPS) Quarter Ended 12/31/16 Quarter Ended 12/31/15 Revenue $456.4 $456.2 Cost of Instruction $239.8 $241.0 Student Services and Administrative Expense $145.7 $159.2 Restructuring Expense $5.1 $12.9 Regulatory Settlements $56.3 _ Loss on Assets
Slide 4: Highlights
(1) Excluding special items 2nd Quarter Fiscal 2017 Highlights • Fourth consecutive quarter of Operating Income(1) growth • Settled the lawsuit with the FTC regarding DeVry University’s use of employment statistics • Chamberlain grew revenue by nearly 8% • Medical and Healthcare and Professional and
Slide 5: Use of Non-GAAP Measures
Use of Non-GAAP Measures 5 During the second quarter and first six months of fiscal year 2017, DeVry Group recorded special charges related to the following: (i) Restructuring charges primarily related to real estate consolidations at DeVry University which is part of the Business, Technology and Ma
Slide 6: Safe Harbor
Safe Harbor 6 Certain statements contained in this presentation concerning DeVry Group's future performance, including those statements concerning DeVry Group's expectations or plans, may constitute forward-looking statements subject to the Safe Harbor Provision of the Private Securities Litigation