Enovis Corporation (ENOV) Tops Q1 EPS by 2c

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Go back to Enovis Corporation (ENOV) Tops Q1 EPS by 2c

Enovis Announces First Quarter 2022 Adjusted Stand Alone Results

May 10, 2022 7:11 AM EDT

Wilmington, DE, May 10, 2022 (GLOBE NEWSWIRE) -- Enovis Corporation (NYSE: ENOV), an innovation-driven medical technology growth company formerly known as Colfax Corporation, today announced its adjusted stand-alone financial results for the first quarter of 2022.   At the beginning of its second quarter on April 4, 2022, Colfax Corporation spun-off its industrial manufacturing business, ESAB Corporation, in a tax-free distribution to shareholders and renamed itself Enovis.

First Quarter Financial Results

Enovis reported strong first quarter stand-alone sales of $375 million, an increase of 21%, or 7% on an organic basis versus the comparable prior... More