Invacare Corp. (IVC) Misses Q2 EPS by 19c

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Go back to Invacare Corp. (IVC) Misses Q2 EPS by 19c

Invacare Reports Results for Second Quarter 2022

August 8, 2022 4:20 PM EDT

Achieved sequential improvement in profitability and free cash flow

ELYRIA, Ohio--(BUSINESS WIRE)-- Invacare Corporation (NYSE: IVC) ("Invacare" or the "company") today reported results for the quarter ended June 30, 2022.

Executive Summary

Reflecting on the quarter, Matt Monaghan, chairman, president, and chief executive officer, said "In 2Q22, we achieved sequential revenue growth of 4.7% in mobility & seating products driven by increased adoption of our compelling product portfolio. We continue to experience elevated backlog across all product categories and regions, and see strong demand in mobility & seating and... More