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LivaNova plc (LIVN) Tops Q3 EPS by 3c; Appoints New CEO

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LivaNova Reports Third Quarter 2016 Results

November 2, 2016 7:46 AM EDT

LONDON, Nov. 02, 2016 (GLOBE NEWSWIRE) -- LivaNova PLC (NASDAQ: LIVN) (LSE: LIVN) (LivaNova or the Company), a market-leading medical technology and innovation company, today reported results for the third quarter ended September 30, 2016. 

For the third quarter of 2016, worldwide sales were $295 million, an increase of 3.2 percent on a reported basis and an increase of 2.4 percent on a constant-currency basis1, as compared to the previous year.  On a U.S. Generally Accepted Accounting Principles (GAAP) basis, third quarter 2016 loss per share was $0.03. ... More

LivaNova PLC Announces CEO Transition: Damien McDonald to Succeed André-Michel Ballester

November 2, 2016 6:30 AM EDT

LONDON, Nov. 02, 2016 (GLOBE NEWSWIRE) -- LivaNova PLC (NASDAQ: LIVN) (LSE: LIVN) (LivaNova or the Company), a market-leading medical technology and innovation company, today named Damien McDonald as the companys new Chief Executive Officer (CEO) and board member, effective January 1, 2017. McDonald currently serves as LivaNovas Chief Operating Officer, and will succeed André-Michel Ballester, who will resign effective December 31, 2016.

Ballester served as CEO of Sorin S.p.A. (Sorin) from 2007 to 2015, prior to the October 2015 merger of Sorin and Cyberonics, Inc. (Cyberonics) to create... More