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.
Envista Holdings Corporation (NYSE: NVST) has announced the rebranding of its KaVo imaging business to DEXIS. Known for over 20 years as a leader in digital intraoral radiography, the DEXIS brand will now encompass a comprehensive portfolio, including cone-beam computed tomography (CBCT), handheld x-rays, and intraoral scanners. The DEXIS brand, integrating various leading brands, aims to enhance digital workflows for dental professionals. The transition to DEXIS branding will occur throughout 2022, affecting different products and regions.
Envista Holdings Corporation (NYSE: NVST) announced FDA clearance for its Assisted Intelligence (AI) mandibular nerve tracing feature in the DTX Studio Clinic software. This advancement is crucial for preventing complications in dental procedures by improving visualization. The DTX platform previously received clearances for various AI functionalities, enhancing efficiency for clinicians. CEO Amir Aghdaei highlighted this as a significant step in expanding their digital strategy, aiming to reduce clinician workload while increasing patient focus. Envista continues to innovate in the dental industry with its comprehensive portfolio.
Envista Holdings Corporation (NYSE: NVST) announced its participation in Piper Sandler Dental Day scheduled for March 29, 2022, from 7:00 – 7:45 AM PT. Investors can access recordings of the event via Envista's Investor Relations website under Events and Presentations.
As one of the largest global dental products companies, Envista operates over 30 renowned dental brands, focusing on enhancing patient care through a comprehensive portfolio that includes dental implants, orthodontics, and advanced imaging technologies.
Envista Holdings Corporation (NYSE: NVST) will host its inaugural Investor Day at the Envista Summit on April 1, 2022, from 8:00 am to 10:30 am CT. The hybrid event aims to enhance customer engagement by showcasing Envista's differentiated product portfolio and digital solutions. Attendees can register online, with options for virtual participation or limited in-person attendance. The Envista Summit combines the Ormco Forum and Nobel Biocare Symposium, introducing a new 'Technology Track' to cover various clinical workflows.
Envista Holdings Corporation (NYSE: NVST) will participate in the Jefferies Virtual Dental Summit on February 24, 2022, from 6:00 – 6:45 AM PST. Investors can access recordings on the company's Investor Relations website under Events and Presentations. Envista is a global leader in dental products, offering a comprehensive portfolio that covers approximately 90% of dentists' clinical needs. The company emphasizes continuous improvement, innovation, and customer focus to enhance patient care and strengthen its market position.
Envista Holdings Corporation (NYSE: NVST) reported a strong fourth quarter and full year 2021, following the divestiture of its KaVo Treatment Unit. Sales increased 5.8% to $651.8 million, with a core sales growth of 6.6% year-over-year. Full year core sales growth reached 29%. Fourth quarter net income was $42.5 million, with adjusted net income at $81.1 million, a 12% increase from the prior year. Looking ahead, Envista expects 2022 core growth of 6-8% and an adjusted EBITDA margin exceeding 20%, while indicating future guidance will be updated after the anticipated acquisition of Carestream Dental's IOS business.
Envista Holdings Corporation (NYSE: NVST) has renewed its partnership with the Vitaldent Group, a prominent Spanish Dental Service Organization. This agreement positions Envista as the preferred supplier for dental implants (Nobel Biocare) and clear aligners (Spark) for the next three years. Vitaldent, which has collaborated with Nobel Biocare since 2009, emphasizes the importance of innovative technology in providing quality dental care. The partnership aims to enhance clinical outcomes and patient satisfaction using advanced dental treatments.
Envista Holdings Corporation (NYSE: NVST) recently announced a five-year extension and expansion of its commercial relationship with Pacific Dental Services (PDS). This partnership will now include Envista's Spark clear aligners in addition to existing implant and imaging services. The collaboration aims to enhance implant treatment capabilities and improve diagnostic accuracy through advanced 3D imaging technology. Envista's SVP highlighted the commitment to clinical excellence, while PDS’s COO praised the partnership for enhancing patient care across over 850 supported practices.
Envista Holdings Corporation (NYSE: NVST) will report its fourth quarter 2021 financial results on February 9, 2022. A conference call to discuss these results will follow at 2:00 PM PT. Interested parties can access the call via phone or through a webcast on the company's website. A replay will be available post-presentation. Envista is a leading global dental products company, recognized for its extensive portfolio catering to 90% of dentists' clinical needs. The company focuses on continuous improvement and innovation in dental solutions.
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