Tag:

Medical device company earnings

Latest Headlines

Latest Headlines

CareFusion sees Q3 profit dip in wake of Nicolet sale

CareFusion ($CFN) saw its profit dip to $31 million for its fiscal third quarter that ended March 31, down from $45 million a year earlier.

Smith & Nephew sees good quarter with knees, AWM

Knees, sports medicine joint repair, and advanced wound management (AWM) helped boost Smith & Nephew ($SNN) to a good first quarter, as revenues rose 3% to $1.08 billion.

Exactech relies on Asia, Latin America to boost hip and shoulder implant sales

Exactech ($EXAC) says its focus on Asian and Latin American markets for its hip and shoulder implants helped significantly boost revenue in the first quarter. Net income, however, remained essentially flat.

Dentsply sees Q1 profit drop, sales jump

In what it calls a "record" quarter, York, PA-based Dentsply International ($XRAY) reported that its first-quarter net sales increased 25.6% to $716.4 million from $570.5 million in the first quarter of 2011.

BD sees Q2 earnings fall 6.7%, raises outlook for the year

Becton, Dickinson ( $BDX ) saw its profits dip in the second quarter, but still beat expectations. And as with other healthcare companies, it saw growth in emerging markets. The company also raised its outlook for the year from $5.60 to $5.70 a share to between $5.68 and $5.73.

Hospira sees profits fall 73%

Hospira ($HSP), which makes pharma products and medical devices, saw its first-quarter net income drop sharply to $40.2 million, down from $149.9 million a year earlier.

Covidien sees strong quarter on device sales, emerging markets growth

Earnings season continues, and this morning, Covidien ($COV) released positive results in a quarter that witnessed a 7% rise in device sales.

Boston Sci sees earnings jump as sales slip

Boston Scientific's ($BSX) Q1 earnings numbers dazzled Thursday as it reported net income of $113 million, or $0.08 per share--a big jump from $46 million, or $0.03 per share, during the same period last year.

Wright sees quarterly sales, net income drop

Wright Medical Group ( $WMGI ) had a tough 2011 with the departure of a number of top officials--including its CEO--and efforts to improve federal compliance. Last week, it disclosed that its net...

Medtronic might consider spine unit sale

Painful news coming from Medtronic's ( $MDT ) spine unit this week: During its third-quarter earnings call, the company disclosed that revenue from its spine business declined 9% to $784 million...