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) reported a strong third quarter 2021, achieving sales of $607.3 million, an 11% increase, with core sales growing 10.2% year-over-year. Net income was $80.2 million or $0.45 per diluted share. The company raised its full-year guidance for sales to $2.475 - $2.500 billion and adjusted EBITDA to $480 - $495 million. CEO Amir Aghdaei expressed optimism for the dental industry, noting a focus on differentiated products and strong digital solutions. Adjusted EBITDA margin stood at 19.6%, highlighting profitability.
Envista Holdings Corporation (NYSE: NVST) will report its third quarter 2021 financial results on November 3, 2021. A conference call to discuss these results is scheduled for 2:00 PM PT, lasting approximately one hour. Investors can access the call by dialing 877-876-9173 for U.S. participants or +1 785-424-1667 internationally. The call will also be available via webcast on Envista's website, with a replay accessible after the presentation. Detailed materials will be posted prior to the call.
Envista Holdings Corporation (NYSE: NVST) announced the sale of its KaVo Treatment Unit and Instrument business to Planmeca for up to $455 million, including a $30 million earn-out. This divested segment generated $357 million and $317 million in revenue in fiscal years 2019 and 2020, respectively. The deal is expected to close by the end of 2021 and will be reported as a discontinued operation starting Q3 2021. The transaction is not dependent on financing or a shareholder vote.
Envista Holdings Corporation (NYSE: NVST) announced its participation in the Baird Global Healthcare Virtual Conference on September 14, 2021, at 2:35 PM ET. Investors can access the presentation via Envista's Investor Relations website under the Events and Presentations section. Envista is a leading global provider of dental products, boasting over 30 trusted brands, including KaVo Kerr and Nobel Biocare. The company focuses on innovation and customer support to address dental professionals' needs.
Envista Holdings (NYSE: NVST) reported strong Q2 2021 results with sales reaching $740.1 million, a remarkable increase of 104.4% year-over-year. Core sales growth was 102.3%, outpacing pre-pandemic levels by 5.6% compared to Q2 2019. Net income stood at $90.1 million or $0.51 per diluted share, with adjusted EBITDA soaring to $140.4 million. The company’s adjusted EBITDA margin was 19%. Looking ahead, Envista projects full-year sales between $2.8 billion and $2.9 billion and maintains a high-teens adjusted EBITDA margin.
Envista Holdings Corporation (NYSE: NVST) announced the launch of the Envista Smile Project, a non-profit oral health foundation aimed at improving dental care access for disadvantaged communities. Currently applying for Section 501(c)(3) status, the foundation focuses on collaboration with dental professionals and Envista employees to provide care and education worldwide. CEO Amir Aghdaei emphasized the project's mission of enhancing quality of life through oral health support. This initiative aligns with Envista's broader commitment to dental care innovation and community service.
Envista Holdings Corporation (NYSE: NVST) will announce its second quarter 2021 financial results on August 3, 2021, with a conference call at 2:00 PM PT. The call will feature a discussion of these results and will last approximately one hour. Investors can access the call by dialing 866-342-8588 (U.S.) or +1 203-518-9865 (international), using conference ID #8094612. Webcast materials will be available on Envista's website before the call, with a replay accessible later.
Envista Holdings Corporation (NYSE: NVST) announced its participation in the William Blair 41st Annual Growth Stock Conference on June 1, 2021, at 9:20 AM CT, and the Stifel 2021 Virtual Jaws & Paws Conference on June 2, 2021, at 3:30 PM ET. Investors can access these events through the company's Investor Relations website. Envista, a leader in dental products, supports dental professionals globally with a broad range of solutions aimed to improve patient care and treatment outcomes.
Envista Holdings Corporation (NYSE: NVST) will participate in the Bank of America Healthcare Conference on May 11, 2021, at 11:45 AM ET. Investors can access the event via Envista's Investor Relations website.
As a leading dental products company, Envista offers a comprehensive portfolio that meets about 90% of dentists' clinical needs. The company, which separated from Danaher Corporation in 2019, focuses on continuous improvement and innovation in dental care solutions.
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