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BSX Boston Scientific Corporation

73.00
-0.26 (-0.35%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Boston Scientific Corporation NYSE:BSX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.26 -0.35% 73.00 73.613 72.64 72.88 8,786,506 01:00:00

Boston Scientific 1Q Profit, Sales Rise

28/04/2021 12:13pm

Dow Jones News


Boston Scientific (NYSE:BSX)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Boston Scientific Charts.

By Dave Sebastian

 

Boston Scientific Corp. said its profit rose for the first quarter as sales increased, including a 10% growth in its cardiovascular sales.

The Marlborough, Mass.-based medical-products company Wednesday posted net income of $341 million, compared with $11 million in the prior year. Earnings were 23 cents a share, compared with a penny a share in the year-ago period.

Adjusted earnings were 37 cents a share. Analysts polled by FactSet were looking for 31 cents a share. The company had guided earnings of 5 cents a share to 11 cents a share, and 28 cents a share to 34 cents a share on an adjusted basis.

Net sales rose 8.2% to $2.75 billion, ahead of its guidance of a flat to 6% growth. Analysts were looking for $2.62 billion.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

April 28, 2021 06:58 ET (10:58 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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