Five notes on Envista’s first quarter and its future expectations:
1. Envista saw $631.4 million in sales compared to $612.6 million in the prior-year period.
2. The company saw a net income of $70.4 million.
3. The quarter’s adjusted EBITDA was $124.6 million compared to $132.3 million in the prior-year period.
4. The company expects its DEXIS IOS business to produce between $35 million and $45 million in sales over the balance of 2022.
5. Envista expects its adjusted EBITDA margin to be more than 20 percent for the full year.