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Monday, February 10, 2020

Invacare misses Q4 consensus

Invacare (IVC) Q4 results: Revenues: $232.9M (-4.8%).
Net loss: ($18.7M); loss/share: ($0.56); non-GAAP Net loss: ($9.3M) (-72.2%); non-GAAP loss/share: ($0.28) (-75.0%); CF Ops: $2.7M (+105.8%).
2020 guidance: Net sales growth (constant currency): 2% – 4%; Run-rate non-GAAP EBITDA: at least $85M – 105M; FCF generation: at least $5M.
https://seekingalpha.com/news/3539956-invacare-misses-q4-consensus

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