AcquisitionsAug 5, 2026, 04:30 PM
Envista Acquires Versah for $54.7M; Q2 Sales $730.5M, EPS $0.33
AI Summary
Envista Holdings Corp acquired Versah LLC for approximately $54.7 million on February 2, 2026, expanding its Specialty Products & Technologies segment with innovative dental implant technology. For the second quarter ended July 3, 2026, the company reported sales of $730.5 million, a 7.1% increase year-over-year, and net income of $53.7 million, up significantly from $26.4 million in the prior year. Diluted EPS for the quarter was $0.33.
Key Highlights
- Acquired Versah LLC for approximately $54.7 million on February 2, 2026.
- Q2 2026 sales increased 7.1% to $730.5 million from $682.1 million year-over-year.
- Q2 2026 net income rose to $53.7 million, up from $26.4 million year-over-year.
- Q2 2026 diluted EPS was $0.33, an increase from $0.16 year-over-year.
- Net cash provided by operating activities for six months was $115.9 million.
- Purchased $103.0 million in treasury stock during the six months ended July 3, 2026.
- Cash and cash equivalents stood at $1,125.6 million as of July 3, 2026.
Price Impact
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