earnings
confidence high
sentiment positive
materiality 0.70
Enovis Q2 revenue $395M (+11%), adjusted EPS $0.59 (+44%), full-year guidance updated
Enovis CORP
2022-Q2 EPS reported
$1.69
revenue$770,574,000
- Reported EPS from continuing ops $2.21; adjusted EPS $0.59 vs $0.41 YoY, includes ~$0.10 one-time tax benefit.
- Organic growth 3% (5% per-day); adjusted EBITDA $56M, +11% YoY, with $2M currency pressure.
- Completed acquisitions of Insight Medical Systems (ARVIS AR surgical guidance) and 360 Med Care (Australian distributor).
- Updated FY2022 outlook: organic growth 6-9% reaffirmed; adjusted EBITDA $235-255M; adjusted EPS $2.15-$2.35.
- Currency headwinds expected to impact full-year; Q2 tax planning benefit lifted adjusted EPS.