Category: Q2Syndicate content

Layoffs continue for Analogic; shares sink following Q2 earnings report, flat outlook

March 7, 2014 by Arezu Sarvestani

Analogic is on track with layoffs and facilities closures announced last year, but ALOG shares dive after the company reports disappointing earnings for its 2nd quarter and projects flat progress for the year ahead.

Layoffs continue for Analogic; shares sink following Q2 earnings report

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CareFusion affirms full-year outlook amid 10% profit slide in Q2

February 4, 2014 by Arezu Sarvestani

CareFusion's bottom line drops by 10% but hits the mark for analysts, who cast a cautiously optimistic eye on the year ahead.

CareFusion affirms full-year outlook amid 10% profit slide in Q2

Analysts are taking a cautious approach to CareFusion (NYSE:CFN) amid increasing costs and a 10% drip in profits for the company's 2nd quarter.

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Biomet's revised earnings show much wider losses than previously reported

September 3, 2013 by Brian Johnson

Annual losses at Biomet increase dramatically in a revised earnings release for the Warsaw, Ind.-based orthopedics maker.

Biomet loses royalties dispute with spine surgeon

Biomet amended its Q4 and annual earnings report to reflect a swing to red in Q4 and much deeper losses for the full year compared to earlier reports.

The Warsaw, Ind.-based orthopedics company posted losses of $221.2 million on $784 million in sales during the 3-month period ended May 31, 2013. An initial earnings report released in July had reported a $20.5 million profit for the quarter.

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Tengion's Q2 losses widen

August 20, 2013 by Sony Salzman

Tengion posts greater losses during the 2nd quarter as it develops its human organ transplant technology, but rakes in more than $30M in investments.

Tengion parses losses while ramping up spending

Tengion (NSDQ:TNGN) almost tripled its losses in the 2nd quarter, but raked in more than $30 million in investments for its human organ regeneration technology.

Medtronic dips on missed Q1 revenues

August 20, 2013 by Brad Perriello

Medtronic shares come under pressure as investors react to mixed fiscal 1st-quarter results, with earnings in line with expectations but sales missing their target.

Medtronic dips on missed Q1 revenues

Investors pushed shares of Medtronic (NYSE:MDT) down this morning after the world's largest pure-play medical device company reported mixed results for its fiscal 1st quarter.

Fridley, Minn.-based Medtronic posted profits of $953 million, or 93¢ per share, on sales of $4.08 billion for the 3 months ended July 26. That's a 10.3% top-line gain on 1.9% sales growth.

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Operating profits rise for KCI despite Q2 sales slide

August 16, 2013 by Brad Perriello

Operating rofits rose 13% during the 2nd quarter for wound management company Kinetic Concepts Inc., despite a nearly 4% sales decline.

Profits up for KCI despite Q2 sales slide

Operating profits rose 13.1% during the 2nd quarter for Kinetic Concepts Inc., despite a nearly 4% sales decline for the wound management company.

San Antonio, Texas-based KCI reported operating profits of $110.8 million on sales of $317.8 million for the 3 months ended June 30, according to a regulatory filing.

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Syneron takes a hit on Q2 stumble

August 15, 2013 by Sony Salzman

Syneron Medical's 2nd-quarter earnings meet Wall Street's expectations, but sales fall short, sending shares down on The Street.

Syneron takes a hit on Q2 stumble

Syneron Medical Ltd. (NSDQ:ELOS) stumbled during the 2nd quarter, posting earnings that were even with Wall Street's forecast but just missing sales expectations, sending share prices down this week.

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