Invacare Corp. (IVC) Tops Q1 EPS by 3c

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Invacare Reports Results for First Quarter 2018

May 7, 2018 4:48 PM EDT

ELYRIA, Ohio--(BUSINESS WIRE)-- Invacare Corporation (NYSE: IVC) ("Invacare" or the "company") today reported results for the quarter ended March 31, 2018.

Highlights

Reported net sales increased 2.3% to $237.1 million while constant currency net sales(a) decreased 4.4% compared to 1Q17*. Constant currency sequential net sales(b) decreased 6.6% compared to 4Q17. Constant currency sequential net sales increased in the North America/Home Medical Equipment ("NA/HME") and Institutional Products ("IPG") segments but offset by declines in the Europe and Asia/Pacific segments. The Europe segment has... More