Adtalem FY2023 adjusted EPS $4.21, up 35% YoY; raises FY2024 guidance low end

Covista Inc.

2023-FY EPS reported $2.05 revenue$1,450,826,000

FY2023 adjusted EPS $4.21 (+35% YoY); GAAP EPS $2.05; Q4 adjusted EPS $1.03.
FY2023 revenue $1,450.8M (+5.0%); Q4 revenue $364.6M (+1.1%).
Total enrollment 75,735 (-2.5% YoY), improved sequentially; Chamberlain +1.2%.
FY2024 guidance: revenue $1,460-1,520M; adj. EPS $4.20-4.40 (low end raised $0.05).
FY2023 adj. EBITDA $343.4M (+4.5%); gross debt reduced $151M; net leverage 1.3x.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Covista Inc. updated its fourth quarter and full year fiscal 2023 ended June 30, 2023 guidance (raised).

Period: fourth quarter and full year fiscal 2023 ended June 30, 2023
Guidance: raised
Result: reported results

Exact text from the filing

On August 10, 2023, Adtalem Global Education Inc. (“Adtalem”) issued a press release announcing its fourth quarter and full year fiscal 2023 academic, operating and financial results.

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Covista Inc. filing history →

Source: SEC EDGAR

accession 0001157523-23-001317

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