Boston Scientific Q2 sales hit $2.25B — 4 insights

Boston Scientific reported second quarter fiscal year 2017 sales of $2.25 billion on July 27.

Here's what you should know:

1. The company reported a 6 percent growth in year-over-year sales.

2. Boston Scientific posted net generally accepted accounting principle earnings of $146 million or $0.11 per share. In fiscal year 2016, Boston Scientific lost $207 million or -$0.15 per share.

3. Boston Scientific's notable acquisitions included EndoChoice and Symetis SA during the second quarter.

4. Concerning rest-of-year outlooks, Boston Scientific expects net revenues between $8.89 billion to $8.99 billion, which is a slight increase from the beginning of year estimate of $8.8 billion to $8.9 billion.

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Learning Opportunities

Featured Webinars

Featured Whitepapers

Featured Podcast