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Stock impact report

Envista Reports Second Quarter 2024 Results [Yahoo! Finance]

Envista Holdings Corporation (NVST) 
Last envista holdings corporation earnings: 1/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
For the quarter ended June 28, 2024 , reported sales were $633.1 million . Core sales in the quarter declined 3.2% over the corresponding quarter in 2023. Net loss in the second quarter was $1,151.6 million or per share. The net loss included a $1,153.8 million non-cash charge related to the impairment of goodwill and intangible assets. During the same period, adjusted net income was $18.5 million or per diluted share compared to adjusted net income of $76.2 million or per diluted share in the same period of 2023. Adjusted EBITDA for the second quarter of 2024 was $63.0 million compared to $126.2 million in the second quarter of 2023. Paul Keel , Chief Executive Officer, stated, "Our performance in Q2 does not reflect the full capabilities of Envista. As such, we took important steps to begin repositioning Envista for improved performance in the future. We hired a permanent CFO as well as Presidents for our two largest businesses. We mitigated risks in critical parts of our Company Show less Read more
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