Vontier Reports First Quarter 2024 Results and Maintains Full Year Outlook
Vontier Corporation (VNT)
Company Research
Source: Business Wire
Resilient end markets and our Connected Mobility strategy, coupled with a comprehensive suite of industry-leading solutions and a commitment to innovation continue to drive growth and unlock value.Sales of $756 million, down 3% vs. prior year; Core sales increased 4%GAAP diluted net EPS of $0.88; Adjusted diluted net EPS of $0.74 above prior guide of $0.68 to $0.72Operating cash flow was $92 million; Adjusted free cash flow was $78 million, representing 68% Adjusted free cash flow conversionInitiates Q2 2024 guidance for adjusted diluted net EPS of $0.67 to $0.71 RALEIGH, N.C.--(BUSINESS WIRE)--Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced results for the first quarter ended March 29, 2024.Reported sales in the first quarter declined 3% year-over-year to $755.8 million, reflecting the absence of sales from divested businesses. Core sales increased 4% on strong de
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VNT
News
- SK Signet to supply EV chargers to GVR [Yahoo! Finance]Yahoo! Finance
- Gilbarco Veeder-Root announces turnkey EV charging business [Yahoo! Finance]Yahoo! Finance
- Vontier Appoints Darrell Thomas to Board of DirectorsBusiness Wire
- Vontier to Participate in Upcoming Investor ConferencesBusiness Wire
- Here's Why Vontier Corporation (VNT) Continues to Grow in Q1 [Yahoo! Finance]Yahoo! Finance
VNT
Earnings
- 5/2/24 - Beat
VNT
Sec Filings
- 5/10/24 - Form SD
- 5/9/24 - Form DEFA14A
- 5/9/24 - Form 8-K
- VNT's page on the SEC website