secwatch.observer — SEC 8-K summary
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Issuer:     Vontier Corp (VNT)
CIK:        0001786842
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001786842-23-000072
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vontier Q3 adj. EPS $0.73 beats guide; raises FY adj. EPS midpoint to $2.83-$2.87
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- GAAP diluted EPS $0.58; adjusted diluted EPS $0.73 vs. prior guidance of $0.65-$0.69.
- Revenue $765.4M, down 3% YoY; core sales down 3% due to expected EMV decline.
- Adjusted operating profit margin 22.1%, down 270 bps YoY on mix and investments.
- Raises full-year 2023 adjusted EPS guidance to $2.83-$2.87 from $2.79-$2.87 (midpoint increased).
- Repurchased ~$12M of stock in Q3; repaid $75M debt; net leverage ratio 2.9x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786842/000178684223000072/0001786842-23-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786842/000178684223000072/vnt-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001786842-23-000072

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