Boston Scientific Lifts 2024 Profit Forecast On Strong Growth From Cardiovascular Devices, Stock Soars [Yahoo! Finance]
Boston Scientific Corporation (BSX)
Last boston scientific corporation earnings: 4/29 06:30 am
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Source: Yahoo! Finance
The company generated first-quarter revenues of $3.86 billion, beating the consensus estimate of $3.69 billion Sales soared 13.8% year-over-year on a reported basis, 15% on an operational basis, and 13.1% on an organic basis, beating the management guidance of approximately 7.5%-9.5% on a reported basis and approximately 7%-9% on an organic basis The company earned an adjusted EPS of $0.56, beating the consensus of $0.51 and the management guidance of $0.50-$0.52. The company's cardiovascular segment led the way with more than $2.4 billion in sales, rising 15.9%. MedSurg also saw significant growth, with revenues of more than $1.4 billion, up 10.3%. Cardiology sales (16.5% growth) led the way for Cardiovascular and Endoscopy (11.4%) led MedSurg. “Our exceptional results this quarter were fueled by our talented global team and the strength of our diversified businesses and pipeline, including the initial U.S. launch of the FARAPULSE Pulsed Field Ablation System,” said Mike M
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BSX
Earnings
- 4/24/24 - Miss
BSX
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 5/1/24 - Form 144
- BSX's page on the SEC website