Boston Scientific (BSX) Reports In-Line Q4 EPS

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Go back to Boston Scientific (BSX) Reports In-Line Q4 EPS

Boston Scientific Announces Results for Fourth Quarter and Full Year 2017

February 1, 2018 6:30 AM EST

MARLBOROUGH, Mass., Feb. 1, 2018 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated sales of $2.408 billion during the fourth quarter ended December 31, 2017. This represents growth of 9.9 percent on a reported basis and 8.1 percent on an operational basis (excludes the impact of changes in foreign currency exchange rates), all compared to the prior year period. The company reported a GAAP loss of $615 million or ($0.45) per share, primarily related to its estimate1 of a one-time net income tax charge resulting from the enactment of the Tax Cuts and Jobs Act (TCJA), compared to... More