Owens & Minor (NYSE:OMI) today announced an operating realignment as it posted mixed-bag Q4 results. The operating model realignment program will include sourcing and demand management, organization structure redesign, network rationalization and operational excellence and commercial excellence and product profitability enhancement. “We have initiated a company-wide operating model realignment program with a dedicated team to […]
Dentsply Sirona beats The Street in Q4 results
Dentsply Sirona this week announced fourth-quarter results that beat the overall consensus on Wall Street. The Charlotte, N.C.-based company reported net losses of $15 million, or -7¢ per share, on sales of $983 million, for the three months that ended December 31, 2022. It had a sales loss of 10.88% compared with Q4 2022 and […]
Penumbra grows sales 8% in Q4
Penumbra (NYSE:PEN) this week posted fourth-quarter results that beat the overall consensus on Wall Street. The Alameda, California-based company — maker of interventional devices for vascular and neuro therapies — reported profits of $3.9 million, or 10¢ per share, on sales of $221.2 million, for the three months ended Dec. 31, 2022. Sales were up 8.43% […]
TransMedics grows sales more than 200% in Q4 results
TransMedics (Nasdaq:TMDX) this week announced fourth-quarter results that beat the overall consensus on Wall Street. The Andover, Massachusetts-based company reported profit losses of $6.7 million, or -21¢ per share, on sales of $31.4 million, for the three months ended Dec. 31, 2022, for a sales growth of 224.52% compared to Q4 2021. NuVasive also reported […]
NuVasive misses overall estimates on Wall Street
Nuvasive (Nasdaq:NUVA) this week posted fourth-quarter results that missed overall estimates on Wall Street. The San Diego-based orthopedic company reported profits of $24.1 million, or 42¢ per share, on sales of $305.5 million, for the three months ended Dec. 31, 2022, on sales growth of 1.12% compared to Q4 2021. It also had a profit […]
Merit Medical grows profits 62% in Q4
Merit Medical Systems (Nasdaq:MMSI) this week posted fourth-quarter results that beat the overall consensus on Wall Street. The South Jordan, Utah-based disposable medical device maker reported profits of $33.4 million, or 58¢ per share, on sales of $293.4 million, for the three months ended Dec. 31, 2023, for a bottom-line gain of 62% on sales growth […]
LivaNova grows profits in Q4 results
LivaNova (Nasdaq:LIVN) this week posted fourth-quarter results that beat the overall consensus on Wall Street. The London-based company reported profits of $1.7 million, or 3¢ per share, on sales of $274.9 million for the three months ended Dec. 31, 2022, for a sales gain of 1.78% compared with Q4 2021. It also had a profit […]
Globus Medical grows sales nearly 10% in Q4
Globus Medical (NYSE:GMED) this week posted fourth-quarter results that beat the earnings consensus on Wall Street but missed revenue estimates. The Audubon, Pennsylvania-based company reported profits of $50 million, or 49¢ per share, on sales of $274.5 million for the three months ended Dec. 31, 2022, for a bottom-line gain of 231.4% on sales growth […]
Axogen appoints Jens Schroeder Kemp as chief marketing officer
Axogen today announced it appointed Jens Schroeder Kemp as chief marketing officer. Kemp has more than 20 years of strategic marketing, sales and business development experience in the medical device industry. He will report directly to CEO and President Karen Zaderej. “I am thrilled to welcome Jens to Axogen. His extensive strategic marketing experience and […]
Cardinal Health says Medical segment profits and sales down in Q2
Cardinal Health (NYSE: CAH) today posted second-quarter results that beat the overall consensus on Wall Street. The Dublin, Ohio-based company reported losses of $130 million, or 50¢ per share, on sales of $51.5 billion for the three months ended December 31, 2022. Cardinal Health’s results swung to a loss versus the same quarter a year […]
Align Technology posts sales loss of 12% in Q4
Align Technology (Nasdaq:ALGN) this week announced fourth-quarter results that beat the overall consensus on Wall Street. The Tempe, Arizona-based dental aligner maker reported profits of $41.8 million, or 54¢ per share, on sales of $901.5 million for the three months ended December 31, 2022, for a bottom-line loss of 78.1% on sales loss of 12.6% […]