Boston Scientific: Q2 Earnings Snapshot
By AP News
Published - Jul 24, 2024, 06:37 AM ET
Last Updated - Jul 24, 2024, 06:37 AM EDT
MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Boston Scientific Corp. (BSX) on Wednesday reported second-quarter earnings of $324 million.
On a per-share basis, the Marlborough, Massachusetts-based company said it had profit of 22 cents. Earnings, adjusted for asset impairment costs and amortization costs, came to 62 cents per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.
The medical device manufacturer posted revenue of $4.12 billion in the period, also beating Street forecasts. Ten analysts surveyed by Zacks expected $4.02 billion.
