Heartware (HTWR) Misses Q1 EPS by 16c

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HeartWare International Reports First Quarter 2016 Financial Results

May 4, 2016 7:02 AM EDT

FRAMINGHAM, Mass., May 4, 2016 /PRNewswire/ -- HeartWare International, Inc. (NASDAQ: HTWR), a leading innovator of less-invasive, miniaturized circulatory support technologies that are revolutionizing the treatment of advanced heart failure, today announced revenue derived from HeartWare® Ventricular Assist System (HVAD® System) sales of $55.1 million for the first quarter ended March 31, 2016, compared to $70.0 million in revenue for the same period in 2015. 

"In the first quarter, our international revenue performance was impacted by competitive dynamics in Germany, as well as lower implant... More