other material
confidence high
sentiment neutral
materiality 0.50
Adtalem restates historical financials reflecting Financial Services segment as discontinued
Covista Inc.
- FY2021 continuing ops GAAP net income $70.3M, non-GAAP net income $119.2M; diluted non-GAAP EPS $2.31.
- FY2020 continuing ops GAAP net income $219.9M, non-GAAP net income $95.8M; diluted non-GAAP EPS $1.77.
- Q1 FY2022 continuing ops GAAP net loss $77.2M; non-GAAP net income $17.6M (diluted $0.35).
- Segment non-GAAP op income FY2021: Chamberlain $128.9M, Medical/Vet $67.9M, Home Office loss $40.2M.
- Discontinued ops net income: FY2021 $6.1M, FY2020 loss $305.7M (incl. loss on disposal).