LivaNova plc (LIVN) Misses Q1 EPS by 3c, Revenues Miss; FY19 EPS Guidance Below Consensus

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Go back to LivaNova plc (LIVN) Misses Q1 EPS by 3c, Revenues Miss; FY19 EPS Guidance Below Consensus

LivaNova Reports First Quarter 2019 Results

May 1, 2019 6:00 AM EDT

LONDON--(BUSINESS WIRE)-- LivaNova PLC (NASDAQ: LIVN), a market-leading medical technology and innovation company, today reported results for the quarter ended March31, 2019.

For the first quarter of 2019, worldwide sales from continuing operations were $250.8 million, an increase of 0.2 percent on a reported basis and an increase of 4.2 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 2019 diluted loss per share from continuing operations was $0.31. First quarter 2019 adjusted diluted earnings per share from continuing operations were $0.54.... More