Covista Third Quarter Fiscal Year 2026 Results; Raises Fiscal Year 2026 Revenue and Adjusted Earnings Per Share Guidance
Covista reported Q3 revenue of $487.0 million, up 4.5% year-over-year, and raised its full-year guidance for both revenue and adjusted EPS. Total enrollment surpassed 100,000 students, increasing 6.8% YoY, with Chamberlain University returning to positive growth and Walden University hitting record enrollment.
Key figures
- Eps
- 1.2
- Revenue
- $487.0 million
- Guidance
- FY26 revenue $1.93B-$1.945B (raised from $1.9B-$1.94B), Adjusted EPS $7.95-$8.15 (raised from $7.80-$8.00)
- Revenue Yoy
- 4.5%
- Adjusted eps
- 1.98
- Net leverage
- 0.7x
- Adjusted ebitda
- 127900000
- Shares repurchased
- 66000000
- Student enrollment
- 100585
AI analysis
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