Teleflex (TFX) Tops Q2 EPS by 68c, Revenues Beat; Not Reinstating FY20 Financial Guidance due to COVID-19 Pandemic

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Go back to Teleflex (TFX) Tops Q2 EPS by 68c, Revenues Beat; Not Reinstating FY20 Financial Guidance due to COVID-19 Pandemic

Teleflex Reports Second Quarter 2020 Results

July 30, 2020 6:31 AM EDT

Second Quarter Revenues of $567.0 million, down 13.1% versus Prior Year Period; down 12.0% on a Constant Currency Basis

Second Quarter GAAP Diluted EPS from Continuing Operations of $0.24, Compared to $1.77 in the Prior Year Period

Second Quarter Adjusted Diluted EPS from Continuing Operations of $1.93, down 27.4% Versus Prior Year Period

New Workforce Reduction Plan to Further Improve Company Cost Structure Announced

 Not Reinstating 2020 Financial Guidance due to COVID-19 Pandemic

WAYNE, Pa., July 30, 2020... More