NVST - Envista shares up 4% after hours following top and bottom line earnings beat

Shares of Envista Holdings Corp. (NYSE:NVST) are up 4% in after-hours trading after the company Q4 2021 results beat on both the top and bottom line. Envista also unveiled a 2022 financial outlook of core growth of between 6-8%. Revenue in the quarter increased ~6% to $651.8M compared to the prior-year period. Net income fell ~21% to $85.8M compared to Q4 2020 (diluted EPS in Q4 2021 of $0.24 in Q4 2021 compared to $0.54 in the prior-year period). The company ended the year with ~$1.1B in cash. Read why Seeking Alpha contributor The Value Investor considers Envista a hold.

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Envista shares up 4% after hours following top and bottom line earnings beat