Envista Holdings Corporation reported its financial results for the first quarter of 2025, ending March 28. The company achieved sales of $617 million, marking a core sales increase of 0.2% compared to the same period in 2024. Net income for the quarter was $18 million, a decrease from $24 million in the first quarter of the previous year. Diluted earnings per share were $0.10, down from $0.14 in the prior year's first quarter. The adjusted EBITDA was reported at $79 million, compared to $87 million in the same quarter of 2024. Operating cash flow for the quarter was $0 million, with free cash flow at ($5) million, a decline from the $40 million and $29 million, respectively, recorded in the first quarter of 2024. During the quarter, Envista repurchased 1.1 million shares for approximately $19 million, leaving $231 million in remaining repurchase capacity under its stock repurchase program. Envista has maintained its 2025 full-year guidance, projecting core sales growth of 1% to 3%, adjusted EBITDA margins of approximately 14%, and adjusted earnings per share between $0.95 and $1.05.
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