Invacare Corp. (IVC) Misses Q3 EPS by 2c, Revenue Beats

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Invacare Reports Results for Third Quarter 2017

November 7, 2017 4:31 PM EST

ELYRIA, Ohio--(BUSINESS WIRE)-- Invacare Corporation (NYSE: IVC) ("Invacare" or the "company") today reported results for the quarter ended September 30, 2017.

Highlights

Reported net sales decreased 6.4% to $250.9 million compared to the third quarter last year. Excluding the divested Garden City Medical, Inc. (GCM), constant currency net sales(a) decreased 4.5% compared to the third quarter last year. Constant currency sequential net sales(b) increased 3.7% compared to second quarter 2017 driven by increases in the Europe, North America/Home Medical Equipment (NA/HME) and Asia/Pacific segments.... More