Invacare Corp. (IVC) posted fourth-quarter net loss of $35.03 million or $1.10 per share compared to net earnings of $7.25 million or $0.22 per share a year ago, hurt by estimated goodwill and intangible impairment charges of $1.53 per share and restructuring charges of $0.29 per share.
On an adjusted basis, the company reported earnings of $2.05 per share for the fourth quarter, an increase from last year's $1.84 per share.
Net sales for the three-month period declined to $449.7 million from $451.54 million in the prior year.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.67 per share on revenues of $465.10 million for the quarter. Analysts' estimates typically exclude special items.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.