Teleflex: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 10:13 AM ET
Last Updated - Aug 01, 2024, 10:13 AM EDT
WAYNE, Pa. (AP) — WAYNE, Pa. (AP) — Teleflex Inc. (TFX) on Thursday reported second-quarter profit of $80 million.
The Wayne, Pennsylvania-based company said it had net income of $1.69 per share. Earnings, adjusted for amortization costs and non-recurring costs, were $3.42 per share.
The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $3.33 per share.
The medical equipment maker posted revenue of $749.7 million in the period, which did not meet Street forecasts. Fourteen analysts surveyed by Zacks expected $763.4 million.
