Envista Q1 sales down 0.7% to $627.2M; adjusted EPS $0.38 vs $0.47 YoY

Envista Holdings Corp

2023-Q1 EPS reported $0.25 revenue$627,200,000

Reported sales $627.2M (-0.7%); core sales declined 2.4% YoY.
GAAP net income $43.8M ($0.25 diluted EPS); adjusted net income $67.8M ($0.38 diluted EPS).
Adjusted EBITDA $114.0M vs $124.6M in Q1 2022 (down 8.5%).
CEO cites China/Russia headwinds and weaker large capital equipment; expects growth to accelerate in 2023.
No GAAP forward guidance provided; company does not reconcile non-GAAP measures.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Envista Holdings Corp reported first quarter 2023 results: revenue $627.2 million, net income $43.8 million, EPS $0.25 per diluted share.

Period: first quarter 2023
Revenue: $627.2 million
Net income: $43.8 million
EPS: $0.25 per diluted share
Result: reported results

Exact text from the filing

For the quarter ended March 31, 2023, reported sales decreased 0.7% to $627.2 million. Core sales declined 2.4% over the corresponding quarter in 2022. For the first quarter of 2023, net income was $43.8 million or $0.25 per diluted share.

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Source: SEC EDGAR

accession 0001757073-23-000040

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