Envista Q1 net income $23.6M, adjusted EPS $0.26 (down 32% YoY); Paul Keel appointed CEO

Envista Holdings Corp

2024-Q1 EPS reported $0.14 revenue$623,600,000

Reported sales $623.6M, core sales up 0.4% YoY.
Net income $23.6M ($0.14 diluted EPS); adjusted net income $45.8M ($0.26 diluted EPS), down from $0.38 in Q1 2023.
Adjusted EBITDA $87.2M, down from $114.0M in Q1 2023.
Spark business grew double digits with expanding margins; value implant business returned to growth, consumables stabilized.
Paul Keel appointed CEO effective May 1, 2024; Amir Aghdaei remains Senior Advisor and shareholder.

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 the quarter ended March 29, 2024 results: revenue $623.6 million, net income $23.6 million, EPS $0.14 per diluted share.

Period: the quarter ended March 29, 2024
Revenue: $623.6 million
Net income: $23.6 million
EPS: $0.14 per diluted share
Result: reported results

Exact text from the filing

For the quarter ended March 29, 2024, reported sales were $623.6 million. Core sales in the quarter increased 0.4% over the corresponding quarter in 2023. For the first quarter of 2024, net income was $23.6 million or $0.14 per diluted share.

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Source: SEC EDGAR

accession 0001757073-24-000038

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