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Envista Holdings Corporation - NVST STOCK NEWS

Welcome to our dedicated page for Envista Holdings Corporation news (Ticker: NVST), a resource for investors and traders seeking the latest updates and insights on Envista Holdings Corporation stock.

Envista Holdings Corporation (NYSE: NVST) is a leading global dental products company committed to empowering dental professionals worldwide. Headquartered in Brea, California, Envista develops, manufactures, and markets an extensive portfolio of dental consumables, equipment, and services. The company operates through two primary segments: Specialty Products & Technologies and Equipment & Consumables.

The Specialty Products & Technologies segment focuses on dental implant systems, regenerative solutions, dental prosthetics, orthodontic systems, and lab products. This segment is dedicated to advancing the capabilities of dental professionals through innovative products and technologies.

The Equipment & Consumables segment offers a broad range of dental equipment and supplies used in dental offices, including digital imaging systems, software, and other visualization and magnification systems, supporting the diagnostic, treatment, and prevention needs of dental conditions.

Envista has a strong commitment to continuous improvement, action-oriented innovation, and a deep respect for dental professionals. Its comprehensive product portfolio covers an estimated 90% of dentists’ clinical needs, ensuring a holistic approach to dental care.

Recent achievements include the launch of the DEXIS digital ecosystem, an AI-powered platform designed to streamline implant dentistry workflows. This interconnected system combines cutting-edge CBCT, intraoral scanning, diagnostics, and treatment planning, empowering clinicians to manage implant cases efficiently.

Envista continues to innovate with products like the ORTHOPANTOMOGRAPH™ OP 3D™ LX, which enhances 3D diagnostic capabilities, and the IS ScanFlow software, which integrates AI-driven tools to maximize productivity in dental practices.

Financially, Envista reported sales of $623.6 million for the first quarter of 2024, with core sales growth and ongoing investments aimed at accelerating growth and profitability. The company has a proven track record of resilience and strategic differentiation, particularly through the challenges posed by the global pandemic and other economic factors.

Envista's philanthropic arm, the Envista Smile Project, exemplifies its commitment to social responsibility. The project has donated millions to improve access to oral health for underserved communities, partnering with institutions like the University of Southern California to enhance dental care for vulnerable populations.

Envista's significant market positions in attractive dental segments, coupled with its continuous improvement culture and innovation-driven approach, make it a pivotal player in the dental industry. For more information, visit the official website at www.envistaco.com.

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Envista Holdings Corporation (NYSE: NVST) to participate in J.P. Morgan Healthcare Conference on January 8, 2024
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Envista Holdings Corporation (NYSE: NVST) has announced the appointment of Robert Befidi as President, Diagnostics; Suraj Satpathy as Chief Human Resources Officer; and Andrew Chen as Chief Information Officer. The company also revealed the departure of Patrik Eriksson, Nobel Biocare's current president, and the ongoing search for a permanent Chief Financial Officer. These strategic moves aim to enhance leadership capabilities, accelerate growth, and drive digital transformation in oral care.
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Envista Holdings Corporation (NYSE: NVST) announced its 2022 Sustainability Report, emphasizing its commitment to ESG considerations in digitizing, personalizing, and democratizing dental care. The report highlights a 20% reduction in greenhouse gas emissions, $650,000 investment in oral health-focused non-profits, and the establishment of a Sustainability Council. Envista achieved 99% gender and ethnic pay equity in the U.S. and improved employee health and safety outcomes. CEO Amir Aghdaei expressed pride in the company's progress and emphasized the importance of sustainability for long-term success.
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Envista Holdings Corporation reported sales of $631.3 million in Q3 2023, with a 0.8% increase in core sales compared to the same quarter in 2022. Net income for the quarter was $21.5 million, while adjusted net income was $75.5 million. Adjusted EBITDA was $123.5 million. The company revised its full-year guidance, expecting slightly lower core sales and an adjusted EBITDA margin between 18% to 19% due to macro uncertainties and investment in long-term growth initiatives.
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Envista Holdings Corporation to participate in Jefferies London Healthcare Conference
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Envista Holdings Corporation to report Q3 2023 financial results on November 1, 2023
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Envista Holdings Corporation to participate in Baird 2023 Global Healthcare Conference
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Envista Holdings Corporation (NYSE: NVST) announced a private offering of $435,000,000 in Convertible Senior Notes due 2028, with an option for an additional $65,250,000. The notes will be senior, unsecured obligations, accrue interest semi-annually, and mature on August 15, 2028. Noteholders can convert their notes under certain conditions. Envista also plans to use a portion of the proceeds for general corporate purposes and retire existing Convertible Senior Notes due 2025 through exchange or redemption.
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FAQ

What is the current stock price of Envista Holdings Corporation (NVST)?

The current stock price of Envista Holdings Corporation (NVST) is $20.57 as of November 15, 2024.

What is the market cap of Envista Holdings Corporation (NVST)?

The market cap of Envista Holdings Corporation (NVST) is approximately 3.5B.

What does Envista Holdings Corporation do?

Envista Holdings Corporation develops, manufactures, and markets dental consumables, equipment, and services to dental professionals worldwide.

What are the main segments of Envista's business?

Envista operates through two primary segments: Specialty Products & Technologies, and Equipment & Consumables.

What recent achievements has Envista made?

Recently, Envista launched the DEXIS digital ecosystem, an AI-powered platform for implant dentistry, and the ORTHOPANTOMOGRAPH™ OP 3D™ LX for enhanced 3D diagnostics.

How did Envista perform financially in the first quarter of 2024?

Envista reported sales of $623.6 million, with a net income of $23.6 million or $0.14 per diluted share for the first quarter of 2024.

What is the Envista Smile Project?

The Envista Smile Project is a philanthropic foundation aimed at improving oral health for disadvantaged communities through donations and medical mission trips.

Who is the new CEO of Envista Holdings Corporation?

Paul Keel was appointed as the new CEO of Envista Holdings Corporation effective May 1, 2024.

How does Envista support dental professionals?

Envista supports dental professionals by providing a comprehensive portfolio of dental consumables, solutions, technology, and services.

What is the DEXIS digital ecosystem?

The DEXIS digital ecosystem is an interconnected, AI-powered platform designed to streamline and manage the implant dentistry workflow.

What is the Envista Business System (EBS)?

The Envista Business System (EBS) is a methodology that underpins the company's operations, focusing on continuous improvement and innovation.

Where can I find more information about Envista Holdings Corporation?

For more information, please visit Envista's official website at www.envistaco.com.

Envista Holdings Corporation

NYSE:NVST

NVST Rankings

NVST Stock Data

3.51B
172.10M
0.74%
109.3%
8.95%
Medical Instruments & Supplies
Dental Equipment & Supplies
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United States of America
BREA