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Envista Holdings Corporation (NVST)

NYSE - Nasdaq Real Time Price. Currency in USD
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38.99+0.60 (+1.56%)
At close: 04:00PM EDT
39.00 +0.01 (+0.03%)
After hours: 05:36PM EDT
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  • B
    BALLWEBER
    Guys, check out (http://Achieverspot.tech). They have been crushing it lately while NVST barley does anything at all.
  • R
    Roger
    one word: Spark
  • D
    DB C
    Time to load up some more!
    Bullish
  • Y
    Yahoo Finance Insights
    Envista is down 4.93% to 42.65
  • Y
    Yahoo Finance Insights
    Envista is up 8.49% to 45.12
  • Y
    Yahoo Finance Insights
    Envista is down 4.91% to 39.93
  • D
    DB C
    Anyone here?
  • R
    Rich
    Why would anyone tender their DHR shares for NVST???? Even at a 7% discount it doesnt make sense. Look at the NVST P&L and guidance from the last earnings call. I see why they were spun off. They were a financial detractor to DHR .
  • Y
    Yuanzheng
    Great news
  • D
    DB C
    Thank you Christine Poole.
    Bullish
  • A
    Analytica
    BREA, Calif., Nov. 3, 2021 /PRNewswire/ -- Envista Holdings Corporation (NYSE: NVST) today announced results for the third quarter 2021.

    As previously disclosed, in September we reached an agreement to sell our KaVo Treatment Unit and Instrument business (the "Divestiture"). We expect this transaction to close by the end of the year. For the current quarter the results of the Divestiture are reflected as discontinued operations in our financial statements as required by generally accepted accounting principles. All commentary in this release relates to continuing operations unless otherwise noted.

    For the quarter ended October 1, 2021, sales increased 11% to $607.3 million with core sales growth of 10.2% over the third quarter 2020.

    For the third quarter, net income was $80.2 million or $0.45 per diluted share. Adjusted net income was $79.4 million, representing a 22% increase year over year. Adjusted earnings per diluted share was $0.45 vs. $0.40 in the comparable period in 2020. Adjusted EBITDA for the third quarter was $119.1 million compared to $111.4 million for the third quarter of 2020.

    Amir Aghdaei, Chief Executive Officer, remarked, "We grew significantly above pre-pandemic levels and delivered double-digit core growth over 2020 as we continued to benefit from the reshaping of our portfolio and our long-term investments in both commercial execution and innovation. Our adjusted EBITDA margin was 19.6% reflecting the underlying profitability of our business and our focus on continuous improvement."

    Mr. Aghdaei continued, "We are very pleased with our third quarter results and remain optimistic about the future of the dental industry. Since our IPO in September 2019, we have made significant progress in transforming our business from a broad mix of dental products to a focused company providing highly differentiated consumables and specialty dental products underpinned by strong digital workflow solutions. We remain committed to our purpose of partnering with professionals to improve patients' lives and will continue to work to personalize, digitize, and democratize dental care."
  • R
    Roger
    why the 7% drop?
  • D
    DB C
    Probably going to add some more soon.
  • D
    DB C
    Stay fully invested in this stock!
    Bullish
  • J
    Jack
    This won’t end well, lots of competition already
  • J
    Jack
    Better than Align, cheaper than Align... This stock is not very well known by other investors I guess. What a gem. I think from now to 5 years it could do a 5x.
  • D
    DB C
    Anyone else here?
  • b
    brett
    Does it look like they will beat earnings?
  • Y
    Yahoo Finance Insights
    Envista is up 5.25% to 31.65
  • P
    Paul
    Envista had shutdown for 6 weeks and continued reduce and furlough employees. The 2nd quarter gonna get huge loss also in the 3rd quarter. It should start recover at the end of the year or next year.
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