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Mar 29, 2024
Envista Q1 2024 Earnings Report
Envista's Q1 2024 results were announced, revealing a challenging quarter with ongoing investments to accelerate growth and drive profitability.
Key Takeaways
Envista Holdings Corporation reported first quarter 2024 sales of $623.6 million, with a net income of $23.6 million, or $0.14 per diluted share. Core sales increased by 0.4%. The company is focusing on improving Spark margins, accelerating the North American implant business, and optimizing the operating structure.
Core sales increased by 0.4% compared to the same quarter in 2023.
Net income for the quarter was $23.6 million, or $0.14 per diluted share.
The Spark business continues to perform, growing double digits and expanding margins.
The value implant business returned to growth, and the consumables business stabilized.
Revenue by Segment
Forward Guidance
Envista remains focused on improving Spark margins, accelerating its North American implant business, and optimizing its operating structure using the Envista Business System.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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