Envista Holdings Corp. (NVST) Tops Q2 EPS by 12c, Revenues Beat

Envista Holdings Corp. (NYSE: NVST) reported Q2 EPS of ($0.10), $0.12 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $362 million versus the consensus estimate of $340.63 million.

Amir Aghdaei, Chief Executive Officer, stated, "Harnessing the principles of EBS, the team remained customer centric and process disciplined leading to outstanding execution in a very challenging operating environment."

Mr. Aghdaei continued, "We are encouraged by the pace of recovery in the global dental markets which has progressed significantly during the quarter and has continued into July. Our cost reduction programs are tracking ahead of plan allowing us to maintain our investment in implants and clear aligners while adding capacity within our infection control business. We believe the improving operating environment and progress on our restructuring program made during the second quarter positions us well to improve our financial performance going forward."

For earnings history and earnings-related data on Envista Holdings Corp. (NVST) click here.

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