Pulling SEC filings + quote and writing the call…

Covista Inc.
Next earnings Aug 5, 2026 (after close) · consensus $1.92 EPS, $496M rev
Last earnings +1.5% on 2026-05-07
Adtalem (CVSA) compounding nicely: 12.9% revenue growth, EPS +82%, deleveraging, and a buyback — still only 19.9x earnings.
Revenue $1.79B · FY2025
Quality fundamentals and an attractive price line up (~84% below fair value) — the rarer case where both the business and the entry look good.
The numbers and the filing tell a coherent story of operational acceleration. Revenue grew 12.9% to $1.79B in FY2025 with all three segments contributing, while net income jumped 73.3% to $237M and diluted EPS surged 82.3% to $6.18. The MD&A is explicit that the earnings leverage came from a combination of top-line growth, lower interest expense (the $100M January 2025 Term Loan B prepayment is doing real work), reduced amortization of acquired intangibles, and smaller litigation reserves — partially offset by reinvestment in marketing, labor, and growth initiatives. Operating margin expanded to 19.1% and ROE reached 16.5%, both healthy for the for-profit education space.
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $899M | $1.38B | $1.45B | $1.58B | $1.79B |
| Gross profit | — | — | — | — | — |
| Operating income | $110M | $76.7M | $168M | $217M | $342M |
| Net income | $70.0M | $311M | $93.4M | $137M | $237M |
| Diluted EPS | $1.36 | $6.43 | $2.05 | $3.39 | $6.18 |
| Net margin | 7.8% | 22.5% | 6.4% | 8.6% | 13.3% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Q3 FY26 results — continued enrollment-driven growth, lower debt service
Q3 FY26 results — continued enrollment-driven growth, lower debt service
Reg FD disclosure with exhibits — investor communication update
Entered new material agreement and credit facility; prior agreement terminated
Reg FD investor/conference update with supporting exhibits
Bylaw/charter amendment filed alongside Reg FD disclosure
Q2 FY26 quarterly results filed; momentum from FY25 trends extending
Q2 FY26 quarterly results filed; momentum from FY25 trends extending
Q1 FY26 results — first quarter after strong FY25, growth continuing
Sources: SEC EDGAR (CIK 0000730464, latest 10-Q filed 2026-05-07) · EODHD · analysis by claude-code · as of 6/25/2026, 12:58:05 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.
Last 90 days: 0 open-market buys · 6 sales
| 2026-06-11 | Beard, Stephen W. Chairman & CEO | Sell | 2.53K @ $130.78 | $331K |
| 2026-06-10 | Beard, Stephen W. Chairman & CEO | Sell | 2.76K @ $130.14 | $359K |
| 2026-05-18 | Gangadharan Manjunath VP, Chief Accounting Officer | Tax | 426.00 @ $127.85 | $54.5K |
| 2026-05-08 | Phelan Robert J. Chief Financial Officer | Sell | 10.0K @ $126.21 | $1.26M |
| 2026-05-08 | BECK DOUGLAS G. SVP, GC, Corp. Sec & ISS | Sell | 9.62K @ $127.03 | $1.22M |
| 2026-05-08 | Cox Karen Sue President, Chamberlain Univ. | Sell | 2.00K @ $124.50 | $249K |
| 2026-05-08 | Beard, Stephen W. Chairman & CEO | Sell | 15.9K @ $131.25 | $2.08M |
| 2026-04-15 | Liles Scott President, Medical and Vet | Tax | 448.00 @ $112.49 | $50.4K |
| 2026-03-11 | MALAFRONTE MICHAEL W Director | Buy | 8.89K @ $100.94 | $897K |
| 2026-03-10 | MALAFRONTE MICHAEL W Director | Buy | 11.8K @ $100.86 | $1.19M |
| 2026-03-10 | MALAFRONTE MICHAEL W Director | Buy | 15.3K @ $100.86 | $1.54M |
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
1044 tracked peers · median
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.