Wright Medical Group N.V. Reports 2015 Third Quarter Financial Results

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Go back to Wright Medical Group N.V. Reports 2015 Third Quarter Financial Results

Piper Jaffray Cuts Price Target on Wright Medical Group (WMGI) Following 3Q

November 5, 2015 9:44 AM EST

Piper Jaffray reiterated a Neutral rating on Wright Medical (NASDAQ: WMGI), and cut the price target to $23.00 (from $27.00), following the company's 3Q earnings report and conference call. Management reiterated its Augment expectations for U.S. sales of $10M- $12M over the next 7-8 months. Management... More

Wright Medical (WMGI) PT Lowered to $27 at Leerink Partners Post Q3

November 5, 2015 7:17 AM EST

Leerink Partners analyst Richard Newitter reiterated an Outperform rating but lowered is price target on Wright Medical (NASDAQ: WMGI) to $27.00 (from $31.00) following Q3 results.

Newitter commented, "WMGI's last quarter as a stand-alone resulted in a revenue beat with strength across the company's... More

Wright Medical Group (WMGI) Misses Q3 EPS by 9c, Offer Outlook

November 4, 2015 4:09 PM EST

Wright Medical Group (NASDAQ: WMGI) reported Q3 EPS of ($0.51), $0.09 worse than the analyst estimate of ($0.42). Revenue for the quarter came in at $80.14 million versus the consensus estimate of $78.25 million.

Outlook

The company today provided its pro forma full-year 2015 guidance for Wright Medical Group... More