Boston Scientific: Q3 Earnings Snapshot
By AP News
Published - Oct 23, 2024, 06:38 AM ET
Last Updated - Dec 16, 2024, 06:05 PM EST
MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Boston Scientific Corp. (BSX) on Wednesday reported third-quarter earnings of $469 million.
On a per-share basis, the Marlborough, Massachusetts-based company said it had net income of 32 cents. Earnings, adjusted for costs related to mergers and acquisitions and amortization costs, were 63 cents per share.
The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.
The medical device manufacturer posted revenue of $4.21 billion in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $4.03 billion.
