Haemonetics (HAE) Tops Q2 EPS by 5c

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Haemonetics Reports 2nd Quarter Fiscal 2016 Revenue of $220 Million and Adjusted EPS of $0.44, Affirms Recent Full Fiscal Year Guidance

November 4, 2015 6:00 AM EST

BRAINTREE, Mass., Nov. 4, 2015 /PRNewswire/ --

Product Growth Highlights

8% constant currency revenue increases in growth drivers in the second quarter, including:

11% growth in North America plasma disposables revenue 25% growth in TEG® diagnostics disposables revenue 6% growth in Emerging Markets disposables revenue, ex-Russia

Haemonetics Corporation (NYSE: HAE) reported second quarter fiscal 2016 revenue of $219.7 million, down 3%.  Revenue was flat with the second quarter of fiscal 2015 in constant currency. 

The Company reported GAAP net income of $12.9 million and GAAP net earnings per share of $0.25 in the second quarter of... More