ValueQ4, 24Q1, 25Q2, 25TTMSelling/general/admin expenses180.86 M175.73 M182.79 M714.55 MResearch & development————Operating income76.92 M85.48 M111.11 M364.02 MNon-Operating Income, Total5.02 M4.97 M3.41 M17.2 MInterest expense, net of interest capitalized10.85 M11.09 M10.92 M45.93 MNon-Operating Income, excl. Interest Expenses-8.34 M-8.6 M-9.21 M-37.34 MUnusual income/expense2.51 M2.49 M1.7 M8.6 MPretax income68.58 M76.87 M101.9 M326.69 MEquity in earnings————Taxes14.12 M15.81 M25.73 M74.2 MNon-controlling/minority interest————After tax other income/expense————Net income before discontinued operations54.46 M61.06 M76.17 M252.49 MDiscontinued operations-250 K770 K205 K763 KNet income54.21 M61.83 M76.38 M253.25 MDilution adjustment————Preferred dividends————Diluted net income available to common stockholders54.21 M61.83 M76.38 M253.25 MBasic earnings per share (Basic EPS)1.51.712.146.99Diluted earnings per share (Diluted EPS)1.431.672.116.8Average basic shares outstanding37.09 M36.11 M35.73 M146.06 MDiluted shares outstanding38.33 M37.06 M36.23 M149.85 MEBITDA99.57 M99.43 M125.59 M429.21 MEBIT76.92 M85.48 M111.11 M364.02 MCost of revenue198.45 M201.17 M205.64 M805.33 MOther cost of goods sold————Depreciation & amortization (cash flow)22.64 M13.95 M14.48 M65.19 M
Covista Inc. previously Adtalem Global Education Inc. is a US corporation based in Chicago, Illinois, that operates for-profit higher education institutions, including American University of the Caribbean School of Medicine, Chamberlain University, Ross University School of Medicine, Ross University School of Veterinary Medicine, and Walden University.
Before June 2018, the corporation was known as DeVry Inc. and DeVry Education Group Inc. Following a $100 million settlement with the FTC in 2016 regarding deceptive advertising, DeVry Education Group rebranded as Adtalem Global Education in 2017. Adtalem began the process to sell off DeVry University and Keller Graduate School of Management later that year to focus on healthcare professional education.