INNOVATE Corp. (VATE)

NYSE: VATE · Real-Time Price · USD
4.540
-0.140 (-2.99%)
At close: Aug 13, 2025, 4:00 PM
4.540
0.00 (0.00%)
After-hours: Aug 13, 2025, 7:00 PM EDT
-2.99%
Market Cap 60.55M
Revenue (ttm) 995.00M
Net Income (ttm) -79.70M
Shares Out 13.34M
EPS (ttm) -6.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 14,028
Open 4.710
Previous Close 4.680
Day's Range 4.510 - 4.964
52-Week Range 3.250 - 13.790
Beta 1.82
Analysts n/a
Price Target n/a
Earnings Date Aug 5, 2025

About VATE

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as bui... [Read more]

Sector Industrials
IPO Date Nov 7, 1996
Employees 3,161
Stock Exchange NYSE
Ticker Symbol VATE
Full Company Profile

Financial Performance

In 2024, INNOVATE's revenue was $1.11 billion, a decrease of -22.20% compared to the previous year's $1.42 billion. Losses were -$35.80 million, -4.79% less than in 2023.

Financial Statements

News

INNOVATE Corp. (VATE) Q2 2025 Earnings Call Transcript

INNOVATE Corp. (NYSE:VATE) Q2 2025 Earnings Conference Call August 5, 2025 4:30 PM ET Company Participants Michael J. Sena - CFO, Treasurer & Corporate Secretary Neel Sikka - Corporate Participant Pa...

8 days ago - Seeking Alpha

INNOVATE Corp. Announces Second Quarter 2025 Results

- Infrastructure: Improved financial flexibility with recent refinancing transactions - - Life Sciences: R2 continuing to see significant year over year growth in system unit sales - - Spectrum: Launc...

8 days ago - GlobeNewsWire

INNOVATE Closes Indebtedness Refinancing Transactions

NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) today announced that it has closed a series of previously announced indebtedness refinancing trans...

9 days ago - GlobeNewsWire

INNOVATE Announces Early Results of Exchange Offer of Senior Secured Notes and Solicitation of Consents and Extends Availability of Total Early Exchange Consideration

NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) today announced the early participation results as of 5:00 p.m., New York City time, on July 30, 2...

13 days ago - GlobeNewsWire

INNOVATE's Portfolio Company DBM Global to Pay Cash Dividend

NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that DBM Global Inc. (“DBMG”), a family of companies providing fully integrated st...

16 days ago - GlobeNewsWire

INNOVATE Corp. to Report Second Quarter 2025 Results on August 5th

NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that it will release its financial results for the second quarter 2025 on Tuesday,...

27 days ago - GlobeNewsWire

INNOVATE Launches Indebtedness Refinancing Transactions

$48.7 million privately negotiated convertible notes exchanges.$330 million exchange offer of senior secured notes and solicitation of consentsAgreement in principle to extend revolving credit agreeme...

27 days ago - GlobeNewsWire

DBM Global Enters Into an Amended and Restated Credit Agreement

NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that DBM Global Inc. (“DBMG”), has entered into an amended and restated credit agre...

3 months ago - GlobeNewsWire

INNOVATE Corp. (VATE) Q1 2025 Earnings Call Transcript

INNOVATE Corp. (NYSE:VATE) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET Company Participants Anthony Rozmus - Investor Relations Paul Voigt - Interim Chief Executive Officer Mike Sena - Ch...

3 months ago - Seeking Alpha

INNOVATE Corp. Announces First Quarter 2025 Results

- Infrastructure: DBM Global first quarter revenue of $264.9 million - - Life Sciences: MediBeacon ® Transdermal GFR (“TGFR”) System Received FDA Approval to Assess Kidney Function - - Spectrum: Expec...

3 months ago - GlobeNewsWire

INNOVATE Corp. to Report First Quarter 2025 Results on May 6th

NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that it will release its financial results for the first quarter 2025 on Tuesday,...

4 months ago - GlobeNewsWire

INNOVATE Corp. (VATE) Q4 2024 Earnings Call Transcript

INNOVATE Corp. (NYSE:VATE) Q4 2024 Earnings Conference Call March 31, 2025 4:30 PM ET Company Participants Neel Sikka - Investor Relations Paul Voigt - Interim Chief Executive Officer Mike Sena - Chi...

4 months ago - Seeking Alpha

INNOVATE Corp. Announces Fourth Quarter and Full Year 2024 Results

- Infrastructure: DBM Global fourth quarter revenue of $225.7 million - - Life Sciences: MediBeacon ® Transdermal GFR (“TGFR”) system received FDA approval to assess kidney function - - Spectrum: Broa...

4 months ago - GlobeNewsWire

INNOVATE Corp. to Report Fourth Quarter and Full Year 2024 Results on March 31st

NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that it will release its financial results for the fourth quarter and full year 20...

5 months ago - GlobeNewsWire

MediBeacon® Transdermal GFR System receives device approval in China

Transdermal GFR System (TGFR) is a first-in-kind product for point of care assessment of kidney function in patients with normal or impaired renal function. The Clinical Kidney Journal in February pub...

6 months ago - GlobeNewsWire

MediBeacon® Transdermal GFR System Receives FDA Approval to Assess Kidney Function

NEW YORK, Jan. 17, 2025 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that the U.S. Food and Drug Administration (FDA) has approved the MediBeacon® TGFR...

7 months ago - GlobeNewsWire

INNOVATE Corp. Portfolio Company R2 Technologies Announces Another Record-Breaking Quarter and Partnerships with Woodhouse Spas and Top Skincare Brands

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- R2 Technologies, Inc., the world leader in CryoAesthetics® with its cutting-edge Glacial Skin systems (“R2”), a portfolio company of INNOVATE Corp. (NYSE: V...

9 months ago - GlobeNewsWire

INNOVATE Corp. (VATE) Q3 2024 Earnings Call Transcript

INNOVATE Corp. (VATE) Q3 2024 Earnings Call Transcript

9 months ago - Seeking Alpha

INNOVATE Corp. Announces Third Quarter 2024 Results

- Infrastructure: DBM Global third quarter revenue of $232.8 million - - Life Sciences: R2 reports record worldwide system unit sales growth in the third quarter - - Spectrum: Broadcasting's delivered...

10 months ago - GlobeNewsWire

INNOVATE Corp. to Report Third Quarter 2024 Results on November 6th

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that it will release its financial results for the third quarter 2024 on Wednesday...

10 months ago - GlobeNewsWire

INNOVATE Corp. Regains Compliance with NYSE Minimum Price Requirement

NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that it has received a letter from the New York Stock Exchange (“NYSE”) dated Aug...

1 year ago - GlobeNewsWire

INNOVATE Corp. (VATE) Q2 2024 Earnings Call Transcript

INNOVATE Corp. (VATE) Q2 2024 Earnings Call Transcript

1 year ago - Seeking Alpha

INNOVATE Corp. Announces Second Quarter 2024 Results

- Infrastructure: DBM Global achieved second quarter revenue of $305.2 million - - Life Sciences: R2 achieved record Glacial system sales in North America in the second quarter - - Spectrum: Broadcast...

1 year ago - GlobeNewsWire

INNOVATE Corp. Announces Extension of Effective Date for Reverse Stock Split to August 8, 2024

NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE), a diversified holding company, announced today that the Company is amending the effective date fo...

1 year ago - GlobeNewsWire

INNOVATE Corp. Announces 1-for-10 Reverse Stock Split of the Company's Common Stock

NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) -- INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE), a diversified holding company, announced today that its Board of Directors has approved a 1-for-1...

1 year ago - GlobeNewsWire