LivaNova plc (LIVN) Tops Q4 EPS by 7c

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LivaNova Reports Fourth Quarter and Full-Year 2016 Results

March 1, 2017 7:02 AM EST

LONDON--(BUSINESS WIRE)-- LivaNova PLC (NASDAQ:LIVN; LSE: LIVN) (LivaNova or the Company), a market-leading medical technology and innovation company, today reported results for the fourth quarter and full year ended December 31, 2016.

For the fourth quarter of 2016, worldwide sales were $311 million, a decrease of 2.3 percent on a reported basis and a decrease of 1.6 percent on a constant-currency basis, as compared to the previous year. On a U.S. Generally Accepted Accounting Principles (GAAP) basis, fourth quarter 2016 loss per share was ($0.61). Fourth quarter 2016 adjusted diluted earnings per share were $0.85. For full-year 2016, worldwide sales were... More