St. Jude Medical (STJ) Tops Q1 EPS by 2c

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Go back to St. Jude Medical (STJ) Tops Q1 EPS by 2c

St. Jude Medical Reports First Quarter 2016 Results

April 20, 2016 7:15 AM EDT

ST. PAUL, Minn.--(BUSINESS WIRE)-- St. Jude Medical, Inc. (NYSE: STJ), a global medical device company, today reported sales and net earnings for the first quarter ended April 2, 2016.

First quarter 2016 highlights:

Net sales of $1.448 billion increased 8 percent as reported, or 2 percent on a comparable constant currency basis, at the high end of the companys guidance range. St. Jude Medical has successfully completed its integration of Thoratec; left ventricular assist device (LVAD) sales grew strong double digits on a comparable constant currency basis.... More