Envista Holdings Corporation reported a net loss of $93.5 million, or $0.59 per share, for Q2 2020. Adjusted net loss was $16.3 million, or $0.10 per diluted share. Sales for the quarter were $362.0 million, a 49.2% decrease compared to the same period year-over-year, with core sales declining 46.2%.
Net loss was $93.5 million, or $0.59 per share, while adjusted net loss was $16.3 million, or $0.10 per diluted share.
Sales for the second quarter were $362.0 million, a 49.2% decrease year-over-year.
Core sales declined 46.2% over the same period.
Cost reduction programs are tracking ahead of plan.
Envista is not providing guidance for 2020 due to the uncertainties surrounding the current operating environment and the unknown duration of the COVID-19 global health pandemic.
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