Envista Q2 revenue up 2.6% to $662.4M; adjusted EPS $0.43 vs $0.48 YoY

Envista Holdings Corp

2023-Q2 EPS reported $0.54 revenue$1,289,600,000

Reported sales $662.4M (+2.6% YoY); core sales +2.1%.
GAAP net income $51.9M ($0.29 diluted EPS).
Adjusted net income $76.2M ($0.43 diluted EPS) vs $86.0M ($0.48) in Q2 2022.
Adjusted EBITDA $126.2M (19.1% margin) vs $126.9M in prior year.
Equipment & Consumables returned to growth; Spark strong, offsetting Russia sanctions.

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 1.0

Envista Holdings Corp reported Second Quarter 2023 results: revenue $662.4 million, net income $51.9 million, EPS $0.29.

Period: Second Quarter 2023
Revenue: $662.4 million
Net income: $51.9 million
EPS: $0.29
Result: reported results

Exact text from the filing

For the quarter ended June 30, 2023, reported sales increased 2.6% to $662.4 million. Core sales increased 2.1% over the corresponding quarter in 2022. For the second quarter of 2023, net income was $51.9 million or $0.29 per diluted share. During the same period, adjusted net income was $76.2 million or $0.43 per diluted share compared to adjusted net income of $86.0 million or $0.48 per diluted share in the same period of 2022. Adjusted EBITDA for the second quarter of 2023 was $126.2 million compared to $126.9 million in the second quarter of 2022.

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Source: SEC EDGAR

accession 0001757073-23-000059

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