Hologic (NSDQ:HOLX) saw shares dip slightly yesterday after posting its fiscal year 2016 Q1 earnings, beating the street across all points and adjusting earnings per share guidance up. The Marlborough, Mass.-based company reported profits of $84.9 million, or 29¢ per share, on sales of $695.2 million for the 3 months ended December 26. That amounts to […]
MassDevice Earnings Roundup
Zimmer Biomet’s Q4 profits plunge
Fourth-quarter profits plunged nearly -81% for Zimmer Biomet (NYSE:ZBH), but the orthopedics giant still managed to beat Wall Street’s earnings expectations by a nickel. Warsaw, Ind.-based Zimmer Biomet posted profits of $29.7 million, or 14¢ per share, on sales of $1.93 billion for the 3 months ended Dec. 31, 2015. That amounts to a -80.7% bottom-line slide […]
Abbott’s Q4 sales, earnings slide
Abbott (NYSE:ABT) today reported 4th-quarter sales and earnings declines but still managed to beat Wall Street’s consensus earnings forecast by a penny. The Abbott Park, Ill.-based healthcare giant posted profits of $767 million, or 51¢ per share, on sales of $5.19 billion for the 3 months ended Dec. 31, 2015, for a bottom-line slide of […]
St. Jude Medical’s Q4 profits cut in half
Fourth-quarter profits for St. Jude Medical (NYSE:STJ) were off more than 50%, the medical device company said today, as its $3 billion acquisition of Thoratec put a $179 million hit on the bottom line. Little Canada, Minn.-based St. Jude posted profits of $113 million, or 39¢ per share, on sales of $1.45 billion for the 3 […]
Stryker’s Q4 beats The Street
Stryker (NYSE:SYK) beat the consensus forecast on Wall Street with its 4th-quarter and full-year results, sales and earnings, sending share prices up today in late trading. The Kalamazoo, Mich.-based medical device maker posted profits of $522 million, or $1.38 per share, on sales of $2.72 billion for the 3 months ended Dec. 31, 2015, for […]
Siemens Healthcare boosts Q1 profits, sales
Siemens (NYSE:SI) grew profits and sales for its healthcare business at a double-digit clip during its fiscal 1st quarter, as the German industrial conglomerate surprised observers with unexpectedly strong results. Siemens Healthcare posted profits of $586.1 million (€541 million), up 31.0%, on sales growth of 15.3% to $3.56 billion (€3.29 billion), compared with Q1 2015. Siemens […]
Sales, profits rise for Philips Healthcare
Sales and profits for the healthcare division at Royal Philips (NYSE:PHG) rose for both the 4th quarter and full-year 2015. The Dutch conglomerate, which is looking to deal its legacy lighting business and its Lumileds LED operation, said Philips Healthcare reported sales growth of 14.8% to $3.54 billion (€3.27 billion) for the 3 months ended Dec. […]
Medical device sales slide for Johnson & Johnson
Sales for Johnson & Johnson‘s (NYSE:JNJ) medical device business, the world’s largest medtech operation, slid for the 4th quarter and 2015, the healthcare conglomerate said today. J&J’s medical devices business put up sales of $6.43 billion for the 3 months ended Dec. 31, 2015, down -3.3%. Full-year sales were $25.14 billion, down -8.7%. New Brunswick, N.J.-based Johnson […]
Vascular Solutions droops on Q4, FY2015 earnings
Vascular Solutions (NSDQ:VASC) shares drooped over 10% after releasing a mixed bag of Q4 and its 2015 fiscal year earnings, beating the street for quarterly EPS and revenue, but missing for FY2015. Minneapolis, Minn.-based Vascular solutions reported profits of $1.6 million, or 9¢ per share, on revenue of $38.1 million for the 3 months ended December […]
ResMed jumps on Q2 earnings beat
ResMed (NYSE:RMD) saw shares jump after releasing Q2 earnings that topped the street in revenue and earnings. The San Diego, Calif.-based reported profits of $90.5 million, or 65¢ per share, on sales of $454 million for the 3 months ended December 31. That amounts to a 0.7% bottom-line slide on sales growth of 7.5% compared with […]
Cardiovascular Systems tumbles on Q2 misses
Cardiovascular Systems shares plummeted after releasing significant misses for its FY2016 Q2 earnings, dropping over 30% in mid-day trading. St. Paul, Minn.-based Cardiovascular Systems reported losses of $15.2 million, or 47¢ per share, on sales of $41.4 million. That amounts to a significant 187% growth in losses as sales ticked down 7.5% compared with the […]