Covista Reports First Quarter Fiscal Year 2027 Results; Raises Fiscal Year 2027 Revenue and Adjusted EPS Guidance
Business Wire•29/10/2026•16:05 ET
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Key Highlights
- ➤Fiscal 2027 revenue guidance raised to $2,060-$2,095 million
- ➤Fiscal 2027 adjusted EPS guidance raised to $9.00-$9.20
- ➤Q1 revenue $511.5 million, up 10.7% year-over-year
- ➤Q1 adjusted EPS $2.19, up 25.1% year-over-year
- ➤CFO Robert Phelan announces planned retirement
Expert Statements
Steve Beard, Chairman and Chief Executive Officer of Covista
“Purpose at Scale is delivering and all four pillars of the strategy are contributing to our momentum. Total enrollment grew for the 13th consecutive quarter, powering our double-digit revenue growth and continued margin expansion. On that strength, we are raising our fiscal 2027 guidance,”
Steve Beard, Chairman and Chief Executive Officer of Covista
“The demand behind our strategy is durable, and Covista is critical infrastructure for American healthcare. We serve an urgent need in the communities where care matters most, and by doing that well, we are strategically positioned to create lasting value for our shareholders.”
Covista Reports First Quarter Fiscal Year 2027 Results; Raises Fiscal Year 2027 Revenue and Adjusted EPS Guidance
Diluted earnings per share $1.95; Adjusted EPS $2.19, growth of 25.1% YoY
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