earnings
confidence high
sentiment positive
materiality 0.80
LivaNova Q1 revenue $294.9M (+12% YoY); raises FY2024 guidance; OSPREY study positive
LivaNova PLC
2024-Q1 EPS reported
-$0.78
revenue$294,912,000
- Q1 revenue $294.9M, up 12.0% reported, 12.4% constant-currency YoY; adjusted EPS $0.73 vs GAAP loss $0.78.
- Cardiopulmonary and Neuromodulation each grew double-digit; ACS wind down on track for end-2024.
- Raised full-year 2024 revenue and adjusted diluted EPS guidance (exact figures not in excerpt).
- Positive predictive outcome in OSPREY obstructive sleep apnea study; enrollment completed.
- Closed $345M 2.50% convertible notes due 2029; repurchased $230M exchangeable notes due 2025.