Form 8-K ABIOMED INC For: May 05

Go back to Form 8-K ABIOMED INC For: May 05

Leerink Remains Bullish Toward AbioMed (ABMD) After Outstanding Quarter; PT to $88

May 6, 2015 10:03 AM EDT

Leerink Partners maintained an Outperform rating on AbioMed, Inc. (NASDAQ: ABMD) and raises the price target to $88 (from$72) after an outstanding quarter. with accelerating Impella utilization trends, higher sales guidance, signs point to another great quarter.

Danielle Antalffy, an analyst from Leerink Partners said, "We believe ABMD's strong momentum is sustainable for at least the next few years as the company continues to penetrate the emergent and prophylactic (high risk PCI) patient... More

Abiomed (ABMD) Posts Q4 GAAP EPS of $2.24

May 5, 2015 7:47 AM EDT

Abiomed (NASDAQ: ABMD) reported Q4 EPS of $2.24, which may not compare with the analyst estimate of $0.14. Revenue for the quarter came in at $67.6 million versus the consensus estimate of $62.55 million.

Fiscal fourth quarter GAAP income from operations totaled $12.4 million, up 235% compared to... More