Envista Holdings Corporation reported a 1.4% increase in sales to $660.8 million for the fourth quarter of 2022, with core sales growth of 2.3%. Net income was $73.5 million, or $0.42 per diluted share, while adjusted net income was $91.9 million, or $0.52 per diluted share. Adjusted EBITDA for the quarter was $138.3 million.
Sales increased by 1.4% to $660.8 million.
Core sales growth was 2.3%.
Net income reached $73.5 million, or $0.42 per diluted share.
Adjusted EBITDA amounted to $138.3 million.
Envista expects low-single digit core sales growth for 2023 and an adjusted EBITDA margin of >20% for the full year.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance