Navigation Links
Boston Scientific Second Quarter Results Exceed Consensus Sales and EPS; Full-Year Guidance Raised
Date:7/28/2011

NATICK, Mass., July 28, 2011 /PRNewswire/ --Boston Scientific Corporation (NYSE: BSX) today announces financial results for the second quarter ended June 30, 2011, as well as net sales and earnings per share (EPS) guidance for the third quarter and updated guidance for the full year 2011.  The Company exceeded its EPS guidance range for the quarter and is raising EPS guidance for the remainder of the year.

Delivering strong execution of its POWER business strategy, the Company also announces the prepayment of the remaining $750 million of its term loan borrowings, which reduced its gross debt to $4.2 billion, consistent with the target capital structure, with no further debt maturities until 2014; a new $1.0 billion share repurchase program; and a productivity-enhancing restructuring program as anticipated during the Company’s Investor Day held in November 2010.  Yesterday, the Company announced an additional $150 million investment in China to drive growth and increase market share through local manufacturing, physician training and an expanded commercial footprint.  

Second quarter and other highlights:

  • Achieved second quarter sales of $1.975 billion, at the higher end of the Company's previous guidance range, and reported GAAP earnings of $0.10 per share, a 66 percent increase over the second quarter of 2010, and adjusted EPS of $0.17, a 42 percent increase over the second quarter of 2010, both exceeding previous guidance

  • Received FDA approval and launched in the U.S. the ION™ Paclitaxel-Eluting Platinum Chromium Coronary Stent System, the Company’s third-generation drug-eluting stent (DES) technology, driving its U.S. DES market share to 50 percent and maintaining its worldwide DES market leadership at 36 percent

  • Launched the Company’s next-generation ENERGEN™ and PUNCTUAT
    '/>"/>

    • SOURCE Boston Scientific Corporation
    Copyright©2010 PR Newswire.
    All rights reserved

    0

    GOOD

    Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

    Related medicine technology :

    1. Boston Scientific Announces Five-Year, $150 Million Investment in China to Accelerate Commercial Expansion
    2. Boston Scientific to Webcast Conference Call Discussing Second Quarter 2011 Financial Results
    3. Boston Scientific Completes Clinical Trial Enrollment for Adapt™ Monorail™ Carotid Stent System
    4. Boston Scientific Announces U.S. and European Launch of Interlock™ - 35 Fibered IDC™ Occlusion System
    5. Boston Scientific Welcomes Passage of Patent Reform Bill
    6. Boston Scientific to Donate $1 Million to ASGEs IT & T Capital Campaign to Build a New State-of-the-Art GI Training Center
    7. Boston Scientific Announces Global Launch of Mustang™ PTA Balloon Catheter
    8. Boston Scientific Announces Favorable Appellate Court Ruling Affirming Invalidity of J&J Patents
    9. Boston Scientific Announces Voluntary Recall of iCross™ Coronary Imaging Catheters
    10. Boston Scientific Announces FDA Approval and U.S. Launch of PROMUS® 2.25 mm Everolimus-Eluting Coronary Stent System
    11. Boston Heart Lab Changes Name to Boston Heart Diagnostics
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:5/20/2013)... May 20, 2013  B. Braun Medical Inc. ... environmental safety with products, services and education focused ... its innovative Outlook® 400ES and Space Infusion Systems, ... at the American Association of Critical-Care Nurses (AACN) ... Boston Convention Center. ...
    (Date:5/20/2013)... , May 20, 2013 Landauer, Inc. ... personal and environmental radiation measurement and monitoring, outsourced medical ... today that its Board of Directors declared, at its ... dividend of $0.55 per share for the third quarter ... July 3, 2013, to shareholders of record on June ...
    (Date:5/20/2013)... , May 20, 2013  Uroplasty, Inc. (Nasdaq: ... financial results for the fiscal fourth quarter and full ... on Thursday, May 30, 2013. The Company will host ... on Thursday, May 30, 2013 at 4:30 p.m. Eastern ... in the conference call should dial 888-549-7750, no passcode ...
    Breaking Medicine Technology:B. Braun Committed To Improving Patient Safety 2Landauer, Inc. Declares Regular Cash Dividend 2Uroplasty To Announce Fiscal Fourth Quarter And Full Year 2013 Financial Results On May 30, 2013 2
    ... 2, 2011 The Long Term Care Pharmacy Alliance ... Centers for Medicare and Medicaid Services (CMS) regarding potential ... consideration of the Conditions of Participation for Long Term ... Our member companies and individual pharmacists have expressed sincere ...
    ... Nov. 2, 2011 LORENZ customers and business partners have ... Article 57(2) of Regulation (EC) 726/2004 and its impact on ... Interest Group for EVMPD – XEVPRM. One of ... registration are the Requirements of Article 57(2) of Regulation (EC) ...
    Cached Medicine Technology:Proposed CMS Changes Related to Consultant Pharmacists Raise Profound Concerns for Pharmacies 2LORENZ' Response to New EU PV Legislation - Regulation No. 1235/2010 and EVMPD 2
    (Date:5/20/2013)... May 20, 2013 According to a May ... at Indoor Tanning Salons,” tanning salons in the ... Food and Drug Administration wants to see cancer warnings on ... minimum age floor of eighteen for the use of indoor ... about melanoma, which has become increasingly common over the last ...
    (Date:5/20/2013)... York, New York (PRWEB) May 20, 2013 ... to move forward in the multidistrict litigation recently established ... Bernstein Liebhard LLP reports. According to court records, ... 17th, at which time appointments to Plaintiff’s leadership positions ... lawsuits are pending in the Southern District of New ...
    (Date:5/20/2013)... MI (PRWEB) May 20, 2013 ... Lupus Foundation will be holding ... in Lansing on June 10th. ... June 10th, 6:30 p.m. – ... Building (Across from Sparrow Hospital), ...
    (Date:5/20/2013)... 2013 The Environmental Design ... dozens of continuing education credit opportunities for design ... of Architects Continuing Education System (AIA/CES), the Landscape ... Interior Design Continuing Education Council (IDCEC). EDRA44Providence ... 2013 at the Omni Providence Hotel in Providence, ...
    (Date:5/20/2013)... According to a June 2009 Bloomberg article, ... amount to approximately $3.6 billion dollars per year (i). ... estimated that there 15 million incidents of medical harm ... everyone who receives any form of medical treatment should ... Merriam-Webster defines malpractice as “a dereliction of professional duty ...
    Breaking Medicine News(10 mins):Health News:Tanning - FDA Wants Tanning Salons to Post Cancer Warning Signs 2Health News:Mirena IUD Lawsuit News: Bernstein Liebhard LLP Reports on First Status Conference in Federal Mirena Litigation 2Health News:Mirena IUD Lawsuit News: Bernstein Liebhard LLP Reports on First Status Conference in Federal Mirena Litigation 3Health News:Environmental Design Research Conference to Feature AIA/CES, LA CES, and IDCEC Continuing Education Credits 2Health News:Law Firm Releases New Informational Graphic on the Basics of Understanding Medical Malpractice Cases 2
    ... Bluegrass Bariatric Surgical,Associates announced today that the final ... designed to evaluate the results of an,innovative Incisionless ... (Revision Obesity Surgery, Endolumenal). The ROSE procedure reduces,the ... and stoma to,approximate the original post-gastric bypass proportions ...
    ... to Provide Clinical Services Across the U.S., ... LMT ) announced today that the corporation received ... to $56.7 million to support Federal Occupational Health ... Martin will provide,medical and administrative staffing to perform ...
    ... Stanford University School of Medicine have discovered a promising ... Their discovery hinges on a novel "double agent" role ... The rogue signal, glycogen synthase kinase 3, was previously ... of cancer. It also keeps growth of healthy cells ...
    ... 100 student,government leaders, representing more than one million ... 5-7 to discuss,healthcare issues under the banner of ... Americans in the debate over healthcare., The ... blocks from,the Oct. 7 presidential debate between Barack ...
    ... Minnix, president and CEO of the American Association of ... members Jill Schumann,CEO of Lutheran Services in America (LSA) ... the NonProfit Times, "Power and Influence,Top 50" list., ... are selected for "the impact they have now and ...
    ... SAN DIEGO, Sept. 17 AMN Healthcare, the ... its international,division, O,Grady Peyton International (OGPI), today announced ... recruitment of foreign-educated,nurses to the United States., ... with unions, healthcare,organizations, educational and licensure bodies developed ...
    Cached Medicine News:Health News:Final Patient Enrolled In Large Data Registry of Incisionless Gastric Pouch and Stoma Reduction Procedure 2Health News:Final Patient Enrolled In Large Data Registry of Incisionless Gastric Pouch and Stoma Reduction Procedure 3Health News:Final Patient Enrolled In Large Data Registry of Incisionless Gastric Pouch and Stoma Reduction Procedure 4Health News:Lockheed Martin Awarded Contract to Expand its Federal Occupational Healthcare Services 2Health News:New leukemia signal could point way to better treatment, Stanford researchers find 2Health News:College Students Seek Healthcare Solutions on Eve of Debate 2Health News:Three AAHSA Leaders Named to NonProfit Times' 'Power and Influence Top 50' List 2Health News:AMN Healthcare, OGPI Endorse AcademyHealth's Code of Conduct for Recruitment of Foreign-Educated Nurses 2Health News:AMN Healthcare, OGPI Endorse AcademyHealth's Code of Conduct for Recruitment of Foreign-Educated Nurses 3
    ... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
    ... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
    ... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
    ... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
    Medicine Products: