Invacare Corp. (IVC) Tops Q3 EPS by 8c

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Go back to Invacare Corp. (IVC) Tops Q3 EPS by 8c

Invacare Reports Results for Third Quarter 2020

October 29, 2020 4:27 PM EDT

Achieved sequential improvement in net sales and profitability

Increases full year 2020 guidance for net sales and Adjusted EBITDA

Retired $24.5 million of convertible notes due in 2021

ELYRIA, Ohio--(BUSINESS WIRE)-- Invacare Corporation (NYSE: IVC) ("Invacare" or the "company") today reported results for the quarter ended September 30, 2020.

Key Metrics (3Q20 versus 3Q19, except as noted*)

Reported net sales were down 10.1% to $211.9 million, while constant currency net sales(a), which excludes the 1Q20 Dynamic Controls divestiture,... More