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Stock impact report

Vontier Reports First Quarter 2024 Results and Maintains Full Year Outlook [Yahoo! Finance]

Vontier Corporation (VNT) 
Company Research Source: Yahoo! Finance
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 $0.72 Operating cash flow was $92 million; Adjusted free cash flow was $78 million, representing 68% Adjusted free cash flow conversion Initiates Q2 2024 guidance for adjusted diluted net EPS of $0.67 to $0.71 RALEIGH, N.C., May 02, 2024 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 demand for retail fueling, enterprise productivity and alternative energy solutions. Operating profit of $142.1 million increased 6% from the prior year, and operating profit Show less Read more
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