Envista Q3 sales fall 4.8% to $601.0 million; profit declines, full-year guidance held
Envista reported third-quarter 2024 sales of $601.0 million, down from $631.3 million a year earlier, with core sales down 5.3%. GAAP net income fell to $8.2 million, or $0.05 per diluted share, from $21.5 million, and adjusted diluted EPS fell to $0.12 from $0.43. The company kept its full-year 2024 outlook of core sales growth of -1% to -4% and adjusted EBITDA margins of 10% to 12%, but nine-month GAAP results include a $1.15 billion goodwill and intangible asset impairment.
Key points
- Q3 2024 sales $601.0 million vs. $631.3 million in Q3 2023; core sales declined 5.3%.
- Q3 GAAP net income $8.2 million ($0.05 per diluted share) vs. $21.5 million ($0.12) a year earlier.
- Adjusted EBITDA $54.9 million vs. $123.5 million; adjusted diluted EPS $0.12 vs. $0.43.
- 2024 guidance unchanged: core sales growth of -1% to -4% and adjusted EBITDA margins of 10% to 12%; company expects a return to growth in Q4.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.