MassDevice Earnings Roundup
ResMed settles down after earnings release high
Sales are flat, profits plunge in the 2nd quarter for Symmetry Medical
Symmetry Medical (NYSE:SMA) saw its 2nd-quarter profits plunge more than 28% on flat sales and lowered its outlook for the balance of the year.
Dentsply’s Q2 earnings rise despite flat sales
Dentsply International (NSDQ:XRAY) managed to boost its 2nd-quarter profits despite flat sales, saying headwinds in Europe will push down its earnings for the rest of the year.
Legal loss pushes Globus Medical’s Q2 earnings down
Globus Medical (NYSE:GMED) shares rose more than 2% last week despite a 61% 2nd-quarter profit slide after the medical device company reported earnings above Wall Street’s forecast and confirmed its outlook for the rest of the year.
Sirona Dental slides despite Street-beating Q3
Dental devices maker Sirona Dental Systems (NSDQ:SIRO) posted a strong quarter, but the boost in sales and widening profits didn’t stir much enthusiasm from Wall Street.
Siemens Healthcare’s Q2 profits soar on 3% sales growth
Abiomed starts fiscal 2014 at a loss
AtriCure, still in the red, beats Wall Street’s Q2 forecast
Ups and downs in Becton Dickinson’s 3rd quarter
Medical technology giant Becton Dickinson & Co. (NYSE:BDX) is still navigating choppy waters in the 3rd quarter, posting a strong sales but taking a hit its bottom line due, in part, to a $22 million class action lawsuit and continued device tax woes.
Masimo shares jump on Q2 earnings
Wall Street smiled on Masimo (NSDQ:MASI) yesterday with an 11% boost share prices in morning trading, which settled down to a 6.3% bump by the end of the day.
The California medical device maker gained strong favor after reporting strong sales and per-share earnings that beat analysts’ consensus estimates.