Shares in Natus Medical (NSDQ:BABY) have risen slightly in after hours trading after the medical device maker posted first quarter earnings that topped expectations on Wall Street. The Pleasanton, Calif.-based company posted losses of approximately $24.8 million, or 74¢ per share, on sales of approximately $114.8 million for the three months ended March 31, seeing losses […]
AtriCure shares steady on Street-beating Q1
Shares in AtriCure (NSDQ:ATRC) are steady in after hours trading today after the medical device maker posted first quarter earnings for 2019 that beat expectations on Wall Street. The Mason, Ohio-based company posted losses of approximately $5.6 million, or 15¢ per share, on sales of approximately $54 million for the three months ended March 31, seeing […]
NeoChord adds $7m to $25m Series D round
NeoChord said this week that it added $7 million to its Series D round of financing, adding onto a previous $25 million raised for a total of $32 million in the round. The extra funds in the round came from Strategic Healthcare Investment Partners, the St. Louis Park, Minn.-based company said. “Brad Vale and I established […]
Investor lodges class action suit against Boston Scientific over U.S. mesh withdrawal
A plaintiff purporting to represent Boston Scientific shareholders sued the company yesterday, alleging that it misled investors about the prospects for its pelvic mesh products ahead of an FDA order to halt all U.S. sales of the devices. Last week the FDA ordered an immediate halt to sales and distribution of Boston’s Uphold Lite and Xenform products; […]
3M takes double-digit hit on Q1 miss, plans 2000 layoffs
Shares in 3M Cos. (NYSE:MMM) took a double-digit hit today when the industrial conglomerate missed the consensus forecast for its first-quarter results, cut its outlook for the rest of the year and announced layoffs for some 2,000 of its employees. St. Paul, Min.-based 3M posted profits of $891 million, or $1.51 per share, on sales […]
Varian shares dip on mixed-bag Q2 earnings
Shares in Varian Medical (NYSE:VAR) have fallen slightly today after the medical device maker posted fiscal year 2019 second quarter earnings that topped sales expectations but missed on earnings per share consensus on Wall Street. The Palo Alto, Calif.-based company posted profits of $88.4 million, or 96¢ per share, on sales of $779.4 million for the […]
Baxter shares dip despite Q1 earnings beat
Shares in Baxter (NYSE:BAX) fell today despite the medical device maker beating expectations on Wall Street with its first quarter 2019 earnings results. The Deerfield, Ill.-based company posted profits of $347 million, or 66¢ per share, on sales of approximately $2.63 billion for the three months ended March 31, seeing the bottom line shrink 10.8% while […]
Align Technology shares rise on Street-beating Q1
Shares in Align Technology (NSDQ:ALGN) have risen in after hours trading today after the orthodontic device maker posted first quarter 2019 earnings that topped expectations on Wall Street. The San Jose, Calif.-based company posted profits of $71.8 million, or 89¢ per share, on sales of approximately $549 million for the three months ended March 31, seeing […]
ConMed posts Street-beating Q1 earnings
Shares in ConMed (NSDQ:CNMD) are steady in after hours trading today after the medical device maker beat expectations on Wall Street with its first quarter earnings release. The Utica, N.Y.-based company posted profits of $1 million, or 4¢ per share, on sales of approximately $218.4 million for the three months ended March 31, seeing profits shrink […]
Accuray shares dip on mixed-bag Q3 earnings
Shares in Accuray (NSDQ:ARAY) fell slightly today after the medical device maker posted fiscal year 2019 third quarter earnings that beat loss-per-share expectations but missed revenue consensus on Wall Street. The Sunnyvale, Calif.-based company posted losses of $1.2 million, or 1¢ per share, on sales of $103.2 million for the three months ended March 31, seeing […]
Merit Medical’s Q1 beats push shares higher
A first-quarter sales-and-earnings beat pushed Merit Medical (NSDQ:MMSI) shares up today before the market opened, as the medical device maker maintained its outlook for 2019. South Jordan, Utah-based Merit reported profits of $6.2 million, or 11¢ per share, on sales of $238.3 million for the three months ended March 31, for a 10.0% profit gain on […]
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