ENOV - Enovis Corporation Non-GAAP EPS of $0.72 beats by $0.06 revenue of $408.7M misses by $7.09M

• Enovis Corporation press release ( NYSE: ENOV ): Q4 Non-GAAP EPS of $0.72 beats by $0.06 .
• Revenue of $408.7M (+2.4% Y/Y) misses by $7.09M .
• Enovis’ fourth quarter net sales of $409 million grew 2% from the prior year, reflecting 5% organic growth offset by a 3% currency headwind. Sales in the Reconstructive segment grew 12%, and 14% on an organic basis, and its Prevention and Recovery segment declined 2% with 1% organic growth.

• 2023 Financial Outlook

  Enovis also announced financial expectations for 2023. Revenue is expected to organically grow 5-6% from the prior year, with adjusted EBITDA of $255 to $265 million and adjusted earnings per diluted share in the range of $2.15 to $2.30 vs. $2.43 consensus

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