Earnings Releases·Oct 29, 2026, 4:16 PM ET

Covista — First Quarter Fiscal Year 2027 Earnings Summary

Revenue grew 10.7% year-over-year to $511.5 million, while adjusted EPS rose 25.1% to $2.19 and adjusted EBITDA increased 17.1% to $131.2 million.
Fiscal 2027 guidance was raised for revenue to $2,060–$2,095 million and adjusted EPS to $9.00–$9.20, reflecting durable demand and margin expansion.
Total enrollment reached 104,713 (up 7.6% year-over-year), driven by 12.8% growth at Walden University and the opening of new Chamberlain University campuses.
The company executed $84 million in share repurchases, repriced its $510 million Term Loan B to reduce interest costs, and launched the "Purpose at Scale" three-year strategy.