---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001560"
form_type: "8-K"
ticker: "CVSA"
cik: "0000730464"
company_name: "Covista Inc."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:09:56.526400+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Adtalem Q1 FY2024: revenue $368.8M, adjusted EPS $0.93; FY guidance raised

## Summary
- GAAP net income $10.6M ($0.25 diluted EPS); adjusted EPS $0.93, up 3.3% YoY.
- Total enrollment 81,073 (+1.9% YoY); Chamberlain up 5.2%, Walden up 0.5%.
- FY2024 guidance raised: revenue $1,470-1,530M; adjusted EPS $4.25-4.45.
- Repurchased $92M of shares under $300M board authorization; net leverage 1.3x.
- Medical/Vet segment revenue down 3.8%, enrollment down 7.5% YoY.

## SEC filing metadata
- accession: 0001157523-23-001560
- form_type: 8-K
- ticker: CVSA
- cik: 0000730464
- company_name: Covista Inc.
- filed_at: 2023-10-26T23:59:59+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/730464/000115752323001560/0001157523-23-001560-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730464/000115752323001560/a53684541.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001560
- JSON: https://secwatch.observer/filing/0001157523-23-001560.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001560.txt

## Key facts
- Earnings Releases
  Covista Inc. reported first quarter fiscal 2024 results: revenue $368.8 million, net income $10.6 million, EPS $0.25. Guidance raised.
  - Period: first quarter fiscal 2024
  - Revenue: $368.8 million
  - Net income: $10.6 million
  - EPS: $0.25
  - Guidance: raised
  - Result: reported results
  source text: Raises fiscal year 2024 revenue guidance to a range of $1,470 million to $1,530 million and Adjusted EPS guidance to a range of $4.25 to $4.45 First quarter highlights Revenue $368.8 million, up 4.1% year-over-year Total student enrollment 81,073, up 1.9% year-over-year Chamberlain University third straight quarter of total enrollment growth, up 5.2% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/730464/000115752323001560/0001157523-23-001560-index.htm

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