Cyberonics (CYBX) Tops Q2 EPS by 2c; Adds 1M to Buyback Program; Raises FY12 Outlook
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Cyberonics (NASDAQ: CYBX) reported Q2 EPS of $0.32, $0.02 better than the analyst estimate of $0.30. Revenue for the quarter came in at $53.7 million versus the consensus estimate of $53.67 million.
Board added 1 million shares to its buyback program.
Sees FY2012 revenue of $213-$216 million, versus prior guidance of $212-$215 million and the consensus of $215.9 million. Net income raised from $54-$57 to $55-$58 million.
Board added 1 million shares to its buyback program.
Sees FY2012 revenue of $213-$216 million, versus prior guidance of $212-$215 million and the consensus of $215.9 million. Net income raised from $54-$57 to $55-$58 million.
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