Enovis Corporation's GAAP net income for 3 months of 2022 was $16.301 million, down 19.5% from $20.24 million in the previous year. Revenues rose 16.4% to $1.023 billion from $0.879 billion a year earlier.

Enovis Corporation completed the spin-off of its manufacturing division into a separate publicly traded company, ESAB Corporation. Enovis shareholders received one common share of ESAB for every three shares of Enovis stock.

Colfax's board of directors has set April 4, 2022 as the date of the split into two independent publicly traded companies, Enovis and ESAB. Including the simultaneous 3-to-1 reverse split, Colfax shareholders as of March 22 will receive 1 ESAB share for every 3 of their securities. Colfax will also change its name to Enovis Corporation and the stock ticker w...

Colfax's GAAP net income for 2021 was $76.278 million, up 66.7% from $45.771 million the previous year. Revenue increased 25.5% to $3.854 billion from $3.071 billion a year earlier.