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Stock impact report

Haemonetics Corporation Completes Acquisition of Attune Medical [Yahoo! Finance]

Haemonetics Corporation (HAE) 
Last haemonetics corporation earnings: 2/4 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
medical solutions to drive better patient outcomes, has completed its previously announced acquisition of privately-held Chicago -based Attune Medical, the manufacturer of the ensoETM ® proactive esophageal cooling device. EnsoETM is the only FDA-cleared temperature regulation device indicated for esophageal protection during radiofrequency (RF) cardiac ablation procedures. The acquisition includes an upfront cash payment of $160 million plus additional contingent consideration based on sales growth over the next three years and the achievement of certain other milestones. In fiscal year 2025, Haemonetics expects Attune Medical to contribute approximately to $35 million in revenue and to contribute approximately to to earnings per diluted share on a GAAP basis and approximately to to adjusted earnings per diluted share, excluding one-time acquisition and integration-related costs. Haemonetics financed this transaction through a combination of cash on hand and a $150 million draw und Show less Read more
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