---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000683"
form_type: "8-K"
ticker: "CVSA"
cik: "0000730464"
company_name: "Covista Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:10:23.168200+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Adtalem Q3 revenue $369.1M (+1.3% YoY); adjusted EPS $1.13 (+34.5%)

## Summary
- Adjusted EPS $1.13 up 34.5% YoY; GAAP EPS $1.00 vs $7.04 prior year on prior-year gain.
- Revenue $369.1M; total enrollment 79,586 (-3.1% YoY, 100 bps sequential improvement).
- Chamberlain revenue +5.0% to $149.7M, enrollment +2.0%; Walden revenue -4.5%, enrollment -7.9%.
- FY 2023 guidance narrowed: revenue $1,400M-$1,450M, adj. EPS $4.05-$4.20.
- Repurchased $48M in shares during Q3 under $300M buyback program.

## SEC filing metadata
- accession: 0001157523-23-000683
- form_type: 8-K
- ticker: CVSA
- cik: 0000730464
- company_name: Covista Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730464/000115752323000683/0001157523-23-000683-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730464/000115752323000683/a53391567.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000683
- JSON: https://secwatch.observer/filing/0001157523-23-000683.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000683.txt

## Key facts
- Earnings Releases
  Covista Inc. reported third quarter fiscal 2023 ended March 31, 2023 results: revenue $369.1 million, net income $45.9 million, EPS $1.00. Guidance reaffirmed.
  - Period: third quarter fiscal 2023 ended March 31, 2023
  - Revenue: $369.1 million
  - Net income: $45.9 million
  - EPS: $1.00
  - Guidance: reaffirmed
  - Result: reported results
  source text: Fiscal Third Quarter 2023 Results Improving total enrollment trends Strategic transformation momentum Narrows guidance for fiscal year 2023 Third quarter highlights • Revenue $369.1 million, up 1.3% year-over-year • Total student enrollment 79,586, down 3.1% year-over-year, a quarterly sequential improvement of 100 basis points • Chamberlain University strong demand
  evidence_url: https://www.sec.gov/Archives/edgar/data/730464/000115752323000683/0001157523-23-000683-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.