earnings
confidence high
sentiment positive
materiality 0.75
LivaNova Q2 revenue $318.6M (+8.4%), adj. EPS $0.93; raises FY outlook
LivaNova PLC
2024-Q2 EPS reported
-$0.47
revenue$613,487,000
- Q2 revenue $318.6M, up 8.4% reported and 9.6% constant-currency; ex-ACS wind down, constant-currency growth 10.8%.
- GAAP diluted EPS $0.30; adjusted diluted EPS $0.93.
- Raised full-year 2024 revenue and adjusted diluted EPS guidance.
- Franco Poletti named President of Cardiopulmonary Business Unit, effective August 1, 2024.
- Plans to pursue CMS coverage for VNS Therapy in RECOVER patient population; reducing 2025 investment in difficult-to-treat depression.