Covista Inc.
For the period ended Oct 29, 2026. Filed Oct 29, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 29, 2026 · Filed Oct 29, 2026
CVSA$110.32-2.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (in thousands, except per share data)
(in thousands, except per share data)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Three Months Ended | ||||||
| · · September 30, | ||||||
| · · 2026 · · 2025 | ||||||
| Revenue | | $511,534 | | $462,288 | ||
| Operating cost and expense: | | | | | | |
| Cost of educational services | | 220,759 | | 200,767 | ||
| Student services and administrative expense | | 192,585 | | 175,734 | ||
| Restructuring expense | | 163 | | 310 | ||
| Total operating cost and expense | | 413,507 | | 376,811 | ||
| Operating income | | 98,027 | | 85,477 | ||
| Interest expense | | (9,944) | | (11,090) | ||
| Other income, net | | 1,416 | | 2,486 | ||
| Income from continuing operations before income taxes | | 89,499 | | 76,873 | ||
| Provision for income taxes | | (18,017) | | (15,811) | ||
| Income from continuing operations | | 71,482 | | 61,062 | ||
| Discontinued operations: | | | | | | |
| (Loss) income from discontinued operations before income taxes | | (5,420) | | 747 | ||
| Benefit from income taxes | | 1,365 | | 23 | ||
| (Loss) income from discontinued operations | | (4,055) | | 770 | ||
| Net income and comprehensive income | | $67,427 | | $61,832 | ||
| | | | | | | |
| Earnings (loss) per share: | | | | | | |
| Basic: | | | | | | |
| Continuing operations | | $2.11 | | $1.69 | ||
| Discontinued operations | | $(0.12) | | $0.02 | ||
| Total basic earnings per share | | $1.99 | | $1.71 | ||
| Diluted: | | | | | ||
| Continuing operations | | $2.07 | | $1.65 | ||
| Discontinued operations | | $(0.12) | | $0.02 | ||
| Total diluted earnings per share | | $1.95 | | $1.67 | ||
| | | | | | | |
| Weighted-average shares outstanding: | | | | | | |
| Basic shares | | | 33,951 | | | 36,111 |
| Diluted shares | | | 34,573 | | | 37,057 |
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