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AI brief of an SEC Form 8-K · Covista (CVSA)

Covista Q1 FY2027 revenue up 10.7%, diluted EPS $1.95; raises FY2027 guidance

Positive Impact 4 of 5 earnings

Covista reported first quarter fiscal 2027 revenue of $511.5 million, up 10.7% year over year, and diluted earnings per share of $1.95 versus $1.67 a year earlier. The company raised its fiscal 2027 revenue and adjusted EPS guidance, and CFO Robert Phelan announced a planned retirement that takes effect once a successor is named.

Key points

  • Revenue of $511.5 million, up 10.7% year over year; total enrollment of 104,713, up 7.6%
  • Diluted EPS $1.95 vs. $1.67 prior year; adjusted EPS $2.19 vs. $1.75
  • Fiscal 2027 adjusted EPS guidance raised to $9.00 to $9.20 from $8.90 to $9.15; revenue guidance raised to $2,060 million to $2,095 million
  • CFO Robert Phelan plans to retire and will serve until a successor is named; an active search is underway

The filing

CompanyCovista (CVSA)
Form8-K, current report
Filed with the SECOct 29, 2026, 4:16 PM ET
Accession number0000730464-26-000062

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.