earnings
confidence high
sentiment positive
materiality 0.75
Enovis Q3 sales $418M (+9% YoY), adj EPS $0.56; raises full-year outlook
Enovis CORP
2023-Q3 EPS reported
-$0.67
revenue$1,252,177,000
- Q3 net sales $418M, +9% YoY; net loss from cont ops $19M ($0.36 loss per share).
- Adjusted EPS $0.56; adjusted EBITDA $65M (15.7% of sales), +80 bps YoY.
- Recon sales +16% (organic +10%), P&R +5% (organic +4%); US hip/knee +18%.
- Full-year outlook raised: revenue organic growth 7.4-7.6%, adj EPS $2.30-$2.40.
- Pending LimaCorporate acquisition (€800M EV) remains on track.