Invacare Corp. (IVC) Tops Q1 EPS by 1c

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Invacare Reports Results for First Quarter 2019

May 6, 2019 4:30 PM EDT

Operational initiatives deliver improvement in SG&A and free cash flow

Reaffirms full year 2019 guidance and long-term objectives

ELYRIA, Ohio--(BUSINESS WIRE)-- Invacare Corporation (NYSE: IVC) ("Invacare" or the "company") today reported results for the quarter ended March31, 2019.

Key Metrics (1Q19 versus 1Q18*)

Reported net sales decreased 5.8% to $223.4 million and constant currency net sales(a) decreased 1.4% as growth in mobility and seating and lifestyle products was more than offset by expected declines in respiratory products. Excluding respiratory products, constant currency... More