secwatch.observer — SEC 8-K summary
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Issuer:     Vontier Corp (VNT)
CIK:        0001786842
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001786842-22-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vontier Q2 adj EPS $0.72 up 18%, revenue $776M, agrees to buy Invenco for $80M
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- GAAP EPS $0.21, adjusted EPS $0.72 (up 18% YoY) on revenue $776.4M (+7.2% YoY, core +1.6%).
- Adjusted gross margin expanded 100 bps; strong execution despite supply chain and inflation.
- Reaffirms FY2022 adj EPS guidance $3.20-$3.30 (up 11-15%) and Q3 adj EPS $0.85-$0.90.
- Agreement to acquire Invenco (payment solutions) for $80M cash; expected close Q3 2022.
- Invenco expected 2022 revenue $80M with mid-40% gross margins; 300 employees, 130 engineers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786842/000178684222000049/0001786842-22-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786842/000178684222000049/vnt-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001786842-22-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer