Boston Scientific (BSX) Tops Q1 EPS by 4c; Boosts FY16 Outlook

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Go back to Boston Scientific (BSX) Tops Q1 EPS by 4c; Boosts FY16 Outlook

Boston Scientific Announces Results For First Quarter 2016

April 27, 2016 6:30 AM EDT

MARLBOROUGH, Mass., April 27, 2016 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated sales of $1.964 billion during the first quarter ended March 31, 2016, compared to the company's guidance range for the quarter of $1.890 to $1.940 billion. This represents 13 percent operational revenue growth (calculated on a constant currency basis) and an increase of 11 percent on a reported basis, all compared to the prior year period. The company achieved adjusted earnings per share of $0.28 for the period, compared to $0.21 a year ago, and reported GAAP earnings of $202 million, or $0.15 per share, compared to earnings of $(0.00) a year... More