Boston Scientific (BSX) Reports In-Line Q2 EPS; Bumps FY16 Rev View

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Go back to Boston Scientific (BSX) Reports In-Line Q2 EPS; Bumps FY16 Rev View

Boston Scientific Announces Results For Second Quarter 2016

July 28, 2016 6:30 AM EDT

MARLBOROUGH, Mass., July 28, 2016 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated sales of $2.126 billion during the second quarter ended June 30, 2016, compared to the company's guidance range for the quarter of $2.010 to $2.060 billion. This represents growth of 15 percent on a reported basis and 16 percent on an operational basis (calculated on a constant currency basis), all compared to the prior year period. The company reported a GAAP loss of $207 million, or $(0.15) per share, compared to earnings of $0.08 a year ago, and achieved adjusted earnings per share of $0.27 for the period, compared to... More