Corindus Reports Second Quarter 2019 Results

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Go back to Corindus Reports Second Quarter 2019 Results

Corindus Vascular Robotics (CVRS) Misses Q2 EPS by 2c, Revenues Beat; Agrees to be Acquired by Siemens Heathineers for $4.28/Sh

August 8, 2019 7:01 AM EDT

Corindus Vascular Robotics (NYSE: CVRS) reported Q2 EPS of ($0.06), $0.02 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $4.6 million versus the consensus estimate of $3.91 million.

Corindus announced today a definitive agreement to be acquired by Siemens Healthineers for approximately $1.1 billion, or $4.28 per share, in an all-cash transaction

Corindus also announced today that it has entered into a definitive merger agreement to be acquired by Siemens Healthineers AG. Under the terms of the merger agreement, Siemens Medical Solutions, a wholly-owned subsidiary of... More