Solventum Posts Q3 Loss, Raises FY26 Adjusted EPS Outlook
Solventum reported a third-quarter loss, largely attributed to lower sales, including the expected reversal of advance customer orders placed in the prior quarter ahead of a planned enterprise resource planning implementation.
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10:21:44 PM UTC
SquawkNews
Solventum’s third-quarter net sales declined 7% year over year, while the company swung to a net loss. Results were pressured by customer inventory normalization after advanced ordering ahead of the July ERP deployment, and by higher ERP-related freight, warehousing and other costs. Lower interest…
WASHINGTON (dpa-AFX) - Solventum Corporation (SOLV), a healthcare solutions company, on Thursday posted a loss for the third quarter, hurt largely by lower sales, partly due to the expected reversal of advance customer orders placed in the previous quarter ahead of a planned enterprise resource pla…