Envista’s net income falls $13M in Q3: 5 notes

Dental supply company Envista reported $8.2 million in net income during the third quarter of 2024, according to an Oct. 30 news release.

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Here are five notes:

1. The company’s third-quarter net income decreased by more than $13 million from the $21.5 million reported in the third quarter of 2023.

2. Envista reported adjusted net income of $21.1 million for the third quarter of 2024, down from $75.5 million in the same period in 2023.

3. Core sales totaled $601 million in the third quarter of 2024.

4. Envista’s adjusted EBITDA for the third quarter fell to $54.9 million, compared to $123.5 million in the third quarter of 2023.

5. The company anticipates returning to growth in the fourth quarter.

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