Reports Q3 revenue $357.8M, consensus $342.72M. “LivaNova (LIVN) delivered another quarter of double-digit revenue growth, underscoring the durability of our Cardiopulmonary and Epilepsy businesses as a strong foundation for the Company,” said Vladimir Makatsaria, Chief Executive Officer of LivaNova. “Disciplined execution, enhanced productivity, and operational excellence are driving operating margin expansion and cash generation, as we continue to reinvest in the core to sustain market leadership and advance innovation. At the same time, we are leveraging our Neuromodulation expertise to advance the Obstructive Sleep Apnea and Difficult-to-Treat Depression programs. We believe these efforts will position the Company for long-term growth and expansion into attractive markets with large patient populations and significant unmet needs. We look forward to updating investors on our strategic priorities for each of these businesses at our upcoming Investor Day on November 12.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LIVN:
- LIVN Earnings this Week: How Will it Perform?
- LivaNova’s VNS Therapy Study: A Potential Game-Changer for Depression Treatment
- LivaNova’s VNS Therapy Study: A Potential Game-Changer for Treatment-Resistant Depression
- Apple initiated, DraftKings downgraded: Wall Street’s top analyst calls
- LivaNova downgraded to Neutral from Buy at Goldman Sachs
