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Jul 02, 2021
Envista Q2 2021 Earnings Report
Envista's Q2 2021 earnings were reported, showing significant year-over-year growth driven by market recovery and solid execution.
Key Takeaways
Envista Holdings reported strong second-quarter results with sales of $740.1 million, a 104.4% increase year-over-year, and a core sales growth of 102.3%. Net income was $90.1 million, or $0.51 per diluted share, while adjusted net income reached $94.2 million, or $0.53 per diluted share. The adjusted EBITDA for the quarter was $140.4 million, reflecting a robust recovery and efficient operational performance.
Sales increased by 104.4% to $740.1 million compared to the same period last year.
Core sales growth reached 102.3% year-over-year, indicating strong underlying market recovery.
Net income was reported at $90.1 million, or $0.51 per diluted share.
Adjusted EBITDA was $140.4 million, with an adjusted EBITDA margin of 19%.
Revenue by Segment
Forward Guidance
Envista provided full year 2021 financial guidance with sales expected to be in the range of $2.8 to $2.9 billion and adjusted EBITDA margin expected to be in the high-teens.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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