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Q2

Baxter reports Q2 sales jump, narrows earnings guidance

July 17, 2014 By Brad Perriello Leave a Comment

Baxter reports Q2 sales jump, narrows earnings guidance

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: 2014, Baxter, Q2

Pharma delivers another beat & raise quarter for Johnson & Johnson

July 15, 2014 By Brad Perriello

Pharma delivers another beat & raise quarter for Johnson & Johnson

Filed Under: MassDevice Earnings Roundup, News Well, Pharmaceutical, Wall Street Beat Tagged With: Johnson and Johnson, Q2

Biomet moves to Q4, 2014 black

July 10, 2014 By Brad Perriello Leave a Comment

Biomet moves to Q4, 2014 black

Biomet said yesterday that it put black ink back into its books for the fiscal 4th quarter and 2014, with adjusted profits rising by double digits.

Filed Under: MassDevice Earnings Roundup, News Well Tagged With: 2014, Biomet, Q2

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

March 7, 2014 By Arezu Sarvestani Leave a Comment

Layoffs continue for Analogic; shares sink following Q2 earnings report

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: 2014, Analogic, Layoffs, Q2

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

February 4, 2014 By Arezu Sarvestani Leave a Comment

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.

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: 2014, CareFusion Corp., Q2

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

September 3, 2013 By Brian Johnson Leave a Comment

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.

Filed Under: MassDevice Earnings Roundup, News Well, Orthopedics Tagged With: 2013, Biomet, Q2

Tengion’s Q2 losses widen

August 20, 2013 By Sony Salzman Leave a Comment

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.

Filed Under: MassDevice Earnings Roundup, News Well Tagged With: 2013, Artificial Organs, Q2, Tengion Inc.

Medtronic dips on missed Q1 revenues

August 20, 2013 By Brad Perriello Leave a Comment

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.

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: 2013, Minnesota, Q2

Operating profits rise for KCI despite Q2 sales slide

August 16, 2013 By Brad Perriello Leave a Comment

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.

Filed Under: MassDevice Earnings Roundup, News Well Tagged With: 2013, Kinetic Concepts Inc., Q2, Wound Therapy

Syneron takes a hit on Q2 stumble

August 15, 2013 By Sony Salzman Leave a Comment

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.

Filed Under: Cosmetic/Aesthetic, MassDevice Earnings Roundup, News Well Tagged With: 2013, Q2, Syneron Medical Ltd.

Bovie Medical swings to Q2 red on legal loss to ex-counsel Keen

August 14, 2013 By Brad Perriello Leave a Comment

Bovie Medical swings to Q2 red on legal loss to ex-counsel Keen

Bovie Medical (NYSE:BVX) put some red ink in its ledger for the 2nd quarter, largely due to a more than $1 million charge stemming from a legal loss to its former top lawyer.

Filed Under: Legal News, MassDevice Earnings Roundup, News Well Tagged With: 2013, Bovie Medical Corp., Personnel Moves, Q2

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