NVST - Envista Non-GAAP EPS of $0.47 beats by $0.04 revenue of $631.4M beats by $2.1M

Envista press release (NYSE:NVST): Q1 Non-GAAP EPS of $0.47 beats by $0.04. Revenue of $631.4M (-11.0% Y/Y) beats by $2.1M. Adjusted EBITDA for the first quarter of 2022 was $124.6 million compared to $132.3 million in the first quarter of 2021. 2022 Guidance: With the closing of the IOS acquisition, we expect the newly branded DEXIS IOS business to deliver between $35 - $45 million in sales over the balance of 2022.  We expect sales in the second quarter to be between $5 - $10 million with sales accelerating significantly throughout 2022.  We further expect to invest greater than $10 million in one-time costs to support both the integration and position the business for long-term growth. We expect about half of this investment to be in the second quarter. For the rest of our business, there is no change to our previous guidance.  We expect to deliver core sales growth of between

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Envista Non-GAAP EPS of $0.47 beats by $0.04, revenue of $631.4M beats by $2.1M