Dental supply company Envista reported $8.2 million in net income during the third quarter of 2024, according to an Oct. 30 news release.
Here are five notes:
1. The company's third-quarter net income decreased by more than $13 million from the $21.5 million reported in the third quarter of 2023.
2. Envista reported adjusted net income of $21.1 million for the third quarter of 2024, down from $75.5 million in the same period in 2023.
3. Core sales totaled $601 million in the third quarter of 2024.
4. Envista's adjusted EBITDA for the third quarter fell to $54.9 million, compared to $123.5 million in the third quarter of 2023.
5. The company anticipates returning to growth in the fourth quarter.