Invacare Corp. (IVC) Misses Q4 EPS by 16c

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Invacare Corporation Announces Financial Results for the Fourth Quarter and Full Year Ended December 31, 2016

February 9, 2017 6:30 AM EST

ELYRIA, Ohio--(BUSINESS WIRE)-- Invacare Corporation (NYSE: IVC) today announced its financial results for the fourth quarter and year ended December 31, 2016.

Invacare is executing the first phase of a multi-year, three-phase turnaround plan to re-orient its resources to a more clinically complex mix of products and solutions, particularly in North America. This shift will engage the company's technical expertise in providing greater healthcare value and sustainably improving its financial performance.

Commenting on the company's financial results for the fourth quarter and year ended December 31, 2016, Matthew E. Monaghan, chairman, president and chief... More