Greatbatch, Inc. (GB) Tops Q2 EPS by 1c

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Go back to Greatbatch, Inc. (GB) Tops Q2 EPS by 1c

Greatbatch, Inc. Reports 2015 Second Quarter Results

July 30, 2015 4:06 PM EDT

FRISCO, Texas, July 30, 2015 (GLOBE NEWSWIRE) -- Greatbatch, Inc. (NYSE: GB), today announced results for its second quarter ended July 3, 2015.

  Three Months Ended   July 3, July 4, % (Dollars in thousands, except per share data) 2015 2014 Change Sales  $ 174,890  $ 172,081 2% Organic Constant Currency Sales Growth 4% %           GAAP Operating Income  $ 13,034... More

Greatbatch, Inc. Files Form 10 for Its Proposed Nuvectra Spin-Off

July 30, 2015 9:01 AM EDT

FRISCO, Texas, July 30, 2015 (GLOBE NEWSWIRE) -- Greatbatch, Inc. (NYSE: GB) today announced it has filed a Form 10 registration statement with the U.S. Securities and Exchange Commission for its proposed tax-free spin-off of its neuromodulation subsidiary, QiG Group LLC, to be known post-spin as Nuvectra Corporation.

The new company will immediately benefit from two highly experienced leaders. Neurostimulation market veteran Scott Drees has been named as Nuvectra's chief executive officer. In addition, Dr. Joseph A. Miller, Jr. will step down from Greatbatch's board of directors immediately prior to the completion of the... More