earnings
confidence high
sentiment positive
materiality 0.75
Envista Q1 sales $631.4M, core growth 5.4%, completes IOS acquisition
Envista Holdings Corp
2022-Q1 EPS reported
$0.42
revenue$631,400,000
- Q1 sales $631.4M (+3.1% as-reported, +5.4% core growth YoY).
- GAAP diluted EPS $0.39; adjusted diluted EPS $0.47 vs $0.49 in Q1 2021.
- Adjusted EBITDA $124.6M (19.7% margin) vs $132.3M prior year.
- Completed acquisition of Carestream Dental's intraoral scanner business; expects $35-45M IOS sales in 2022.
- FY2022 guidance: core sales growth 6-8%, adj. EBITDA margin >20%; Q2 mid-single digit core growth.