---
schema_version: "secwatch.filing_event.v1"
accession: "0000730464-26-000021"
form_type: "8-K"
ticker: "CVSA"
cik: "0000730464"
company_name: "Covista Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T22:18:09.621374+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Covista Q3 revenue up 4.5%, enrollment over 100k; raises FY2026 revenue and EPS guidance

## Summary
- Revenue $487M (+4.5% YoY); adjusted EPS $1.98 vs $1.92; GAAP EPS $1.20 vs $1.59.
- Total enrollment 100,585 (+6.8% YoY); Chamberlain returned to positive enrollment growth; Walden +12.3%.
- Raised FY2026 guidance: revenue $1,930-1,945M (prev $1,900-1,940M); adjusted EPS $7.95-8.15 (prev $7.80-8.00).
- Repurchased $66M shares in Q3; refinanced $510M Term Loan B due 2033; net leverage 0.7x.
- Medical schools 97% first-time residency; AI certificates w/ Google Cloud enrolled 4,000+ learners.

## SEC filing metadata
- accession: 0000730464-26-000021
- form_type: 8-K
- ticker: CVSA
- cik: 0000730464
- company_name: Covista Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730464/000073046426000021/0000730464-26-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730464/000073046426000021/cvsa-20260507x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000730464-26-000021
- JSON: https://secwatch.observer/filing/0000730464-26-000021.json
- Plain text: https://secwatch.observer/filing/0000730464-26-000021.txt

## Source-grounded claims
- claim_id: ab4ac5a1a83c8117d34c8993f9a091de665008e0
  claim: Covista Inc. reported fiscal year 2026 results: revenue $1,930 million to $1,945 million, EPS $7.95 to $8.15. Guidance raised.
  evidence_excerpt: Revenue of $1,930 million to $1,945 million, or approximately 8% to 9% growth year-over-year, and from a previous range of $1,900 million to $1,940 million ● Adjusted earnings per share of $7.95 to $8.15, or approximately 19% to 22% growth year-over-year, and from a previous range of $7.80 to $8.00
  evidence_url: https://www.sec.gov/Archives/edgar/data/730464/000073046426000021/0000730464-26-000021-index.htm
- claim_id: ba19628920e02c9fdd906b461f0b02c55df622f3
  claim: Covista Inc. reported third quarter fiscal year 2026 (ended March 31, 2026) results: revenue $487.0 million, net income $41.6 million, EPS $1.20. Guidance raised.
  evidence_excerpt: Revenue of $487.0 million increased 4.5% compared with the prior year ● Operating income of $91.3 million, compared with $90.5 million in the prior year; adjusted operating income of $102.2 million, compared with $105.4 million in the prior year ● Net income of $41.6 million, compared with $60.8 million in the prior year; adjusted net income of $69.0 million, compared with $73.3 million in the prior year ● Diluted earnings per share of $1.20, compared with $1.59 in the prior year; adjusted earnings per share of $1.98, compared with $1.92 in the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/730464/000073046426000021/0000730464-26-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.