LivaNova plc (LIVN) Tops Q1 EPS by 3c

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LivaNova Reports First Quarter 2017 Results

May 3, 2017 7:00 AM EDT

LONDON--(BUSINESS WIRE)-- LivaNova PLC (NASDAQ: LIVN) (LivaNova or the Company), a market-leading medical technology and innovation company, today reported results for the quarter ended March 31, 2017.

For the first quarter of 2017, worldwide sales were $285 million, a decrease of 0.6 percent on a reported basis and an increase of 0.5 percent on a constant currency basis, as compared to the same quarter of the previous year. On the basis of U.S. Generally Accepted Accounting Principles (GAAP), first quarter 2017 earnings per share were $0.23. First quarter 2017 adjusted diluted earnings per share were $0.71.

We started out the year... More