Boston Scientific (BSX) Tops Q4 EPS by 1c

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Go back to Boston Scientific (BSX) Tops Q4 EPS by 1c

Boston Scientific Announces Results For Fourth Quarter And Full Year Ended December 31, 2016

February 2, 2017 6:30 AM EST

MARLBOROUGH, Mass., Feb. 2, 2017 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated sales of $2.191 billion during the fourth quarter ended December 31, 2016. This represents growth of 11 percent compared to the prior year period on a reported and operational basis (calculated on constant currency basis). The company reported GAAP earnings of $124 million or $0.09 per share (EPS), compared to a GAAP loss of $142 million or $(0.11) per share a year ago, and achieved adjusted earnings per share of $0.30 for the period, compared to $0.26 a year ago.

For the year ended December 31, 2016, the company achieved full year... More