Envista beats top-line and bottom-line estimates; updates FY25 outlook

* Envista press release [https://seekingalpha.com/pr/20285522-envista-reports-third-quarter-2025-results] (NVST [https://seekingalpha.com/symbol/NVST]): Q3 Non-GAAP EPS of $0.32 beats by $0.04.
* Revenue of $670M (+11.5% Y/Y) beats by $29.14M, with core sales growth of 9.4% over the third quarter of 2024.
* Adjusted EBITDA was $97 million (+77% year-on-year) and adjusted EBITDA margin of 14.5% (+540 bps year-on-year).
* Operating cash flow for the third quarter of 2025 was $79 million and free cash flow was $68 million, compared to $71 million and $63 million in the third quarter of 2024, respectively.
* OUTLOOK:
THE COMPANY IS UPDATING ITS GUIDANCE FOR THE FULL YEAR 2025:

Current 2025 Guidance

Prior 2025 Guidance

Core Sales Growth

~4%

3% to 4%

Adjusted EBITDA Margin

~14%

~14%

Adjusted Diluted Earnings Per Share

$1.10 to $1.15 VS. CONSENSUS OF $1.11

$1.05 to $1.15

Click to enlarge

MORE ON ENVISTA

* Envista: Consider Survey Findings And Peer Disclosures (Rating Downgrade) [https://seekingalpha.com/article/4830814-envista-consider-survey-findings-and-peer-disclosures-rating-downgrade]
* Envista: Still Hold Rated, Near-Term Uncertainties Weighing On The Outlook [https://seekingalpha.com/article/4808577-envista-still-hold-rated-near-term-uncertainties-weighing-outlook]
* Envista Q3 2025 Earnings Preview [https://seekingalpha.com/news/4510359-envista-q3-2025-earnings-preview]
* Seeking Alpha’s Quant Rating on Envista [https://seekingalpha.com/symbol/NVST/ratings/quant-ratings]
* Historical earnings data for Envista [https://seekingalpha.com/symbol/NVST/earnings]