Earnings


  • Photo of Michael F. Mahoney, CEO of Boston Scientific.
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    Courtesy of Boston Scientific
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    Boston Scientific gives first look at Farapulse US rollout

    CEO Mike Mahoney would not provide specific sales numbers for the device, but hyped the pulsed field ablation system as the “most transformational product” he’s seen in his time with the company.

    By April 24, 2024
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    Courtesy of Boston Scientific
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    Boston Scientific, Dexcom and Edwards next as earnings season rolls on

    J.P. Morgan analysts expect this week’s results to be “very good” following reports from J&J, Abbott and Intuitive Surgical.

    By April 23, 2024
  • Intuitive Surgical's da Vinci 5 robotic system.
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    Courtesy of Intuitive Surgical
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    Intuitive’s rollout of new da Vinci 5 robot steals Q1 spotlight

    While Intuitive has already placed eight new surgical robots, executives cautioned system placements could be choppy in the coming months.

    By April 19, 2024
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    Courtesy of Abbott Laboratories

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    Abbott looks to ‘highly productive’ device pipeline for future growth

    CEO Robert Ford highlighted new and upcoming products throughout the earnings call, calling the recently approved Triclip valve a “billion-dollar opportunity."

    By April 17, 2024
  • Johnson & Johnson's new logo is seen on an office lobby wall.
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    Courtesy of Johnson & Johnson
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    ‘We think in decades’: J&J’s $30B spending spree may not be over

    After Johnson & Johnson has doled out more than $30 billion for Abiomed, Laminar and Shockwave Medical, are more medtech deals on the way?

    By April 16, 2024
  • Vicarious Surgical plans to seek de novo clearance for its surgical robot.
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    Permission granted by Vicarious Surgical
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    Vicarious presses forward with soft tissue robot despite struggles

    The company detailed upcoming milestones for its robotic surgery system on a fourth-quarter earnings call.

    By March 6, 2024
  • A building in front of a pond with the sign "Medtronic" on a stone wall.
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    Courtesy of Medtronic
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    Medtronic estimates up to 40 job losses in Ireland due to restructuring

    The company confirmed the potential job reductions from shutting down its ventilator product lines in an email to MedTech Dive.

    By March 5, 2024
  • A brick building with a sign that says "Henry Schein Inc."
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    Bruce Bennett via Getty Images
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    Henry Schein expects cyber incident costs to continue in 2024

    The company reported a $350 million to $400 million reduction in Q4 sales due to the incident, which forced it to take some systems offline. 

    By Feb. 27, 2024
  • A surgeon holds a piece of surgical mesh for hernia and abdominal wall surgery.
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    Courtesy of Integra
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    Integra Lifesciences to cut about 60 jobs as it closes Indiana site

    Manufacturing will be transferred to a plant in Maryland as part of a strategy to bolster operational efficiency, a company spokesperson said.

    By Feb. 27, 2024
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    Permission granted by Illumina
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    Illumina cut 12% of global staff over past year: CEO

    The genomics company, which initiated a fresh round of layoffs last month, expects to finalize its Grail divestiture by the end of June, Jacob Thaysen said Thursday.

    By Feb. 9, 2024
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    Permission granted by Zimmer Biomet
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    Zimmer Biomet to cut about 540 jobs

    A spokesperson told MedTech Dive that the company will lay off about 3% of its workforce as part of a restructuring. 

    By Updated Feb. 8, 2024
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    Courtesy of Edwards Lifesciences
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    How Edwards’ Evoque valve won an early nod from the FDA

    The heart valve specialist has the chance to shape a new tricuspid market with the first-of-its-kind device, like it did 20 years ago in TAVR, CEO Bernard Zovighian said.

    By Feb. 7, 2024
  • Boston Scientific's Farapulse pulsed field ablation device.
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    Permission granted by Boston Scientific
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    Boston Scientific nets Farapulse approval, pushes back US TAVR launch

    The device maker disclosed it will start the highly anticipated launch of the AFib ablation device, but approval for its aortic valve replacement implant will have to wait. 

    By Jan. 31, 2024
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    JohnnyGreig via Getty Images
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    The top medtech trends in 2024

    Experts said M&A, orthopedic procedure backlogs and emerging cardiac markets were among the top trends to watch in the medical device industry this year.

    By MedTech Dive Staff • Jan. 31, 2024
  • Aerial view of a sprawling Boston Scientific manufacturing plant
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    Courtesy of Boston Scientific
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    What to watch for as Stryker, Boston Scientific and BD post earnings this week

    The next round of results follows reports from J&J, Abbott and Intuitive, all of which signaled a solid end to 2023.

    By Jan. 29, 2024
  • Intuitive Surgical da Vinci robot, surgeon at surgeon console
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    Courtesy of Intuitive Surgical
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    Robot reveal: Intuitive submits 510(k) for next-generation system

    The new surgical robot will have 10,000 times the processing power of the current da Vinci model, CEO Gary Guthart said on the company’s fourth-quarter earnings call.

    By Jan. 24, 2024
  • Abbott Laboratories
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    Courtesy of Abbott
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    Abbott says all four segments stronger than pre-pandemic

    CEO Robert Ford said investing in its base business using COVID-19 testing revenues was “absolutely the right strategy.”

    By Jan. 24, 2024
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    "3M headquarters" by Acroterion is licensed under CC BY-SA 4.0
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    3M on track to complete healthcare spinoff in first half of 2024

    The healthcare leadership team will share more details as the completion of the transaction approaches.

    By Jan. 24, 2024
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    Mario Tama via Getty Images
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    J&J expects strong procedure volumes in 2024

    After reporting growth for its procedure-based units in the fourth quarter, J&J forecast surgery volumes to be above pre-pandemic levels this year.

    By Jan. 23, 2024
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    Mario Tama via Getty Images
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    3 bellwether companies to watch as medtech earnings season begins

    J&J, Intuitive Surgical and Abbott kick off this week with fourth-quarter reports.

    By Jan. 22, 2024
  • Intuitive Surgical CEO Gary Guthart
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    Permission granted by Intuitive Surgical
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    Intuitive CEO: Strong robot placements offset bariatric surgery slowdown

    Speaking at the J.P. Morgan Healthcare Conference, CEO Gary Guthart said the robotics company is also seeing strong growth in general surgeries.

    By Jan. 11, 2024
  • Masimo's W1 health watch
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    Courtesy of Masimo
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    Masimo’s preliminary Q4 results, 2024 outlook exceed analyst expectations

    Analysts see the update as evidence Masimo may be rebounding after failing to meet their expectations earlier in the year.

    By Jan. 11, 2024
  • Photo of Michael F. Mahoney, CEO of Boston Scientific.
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    Courtesy of Boston Scientific
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    Deep Dive

    5 medtech trends to watch in 2024

    From the M&A outlook and tough year-over-year comparisons to emerging markets like pulsed field ablation, here are the top medical technology trends to watch this year.

    By Jan. 9, 2024
  • A corporate building for Edwards Lifesciences.
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    Courtesy of Edwards Lifesciences
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    Edwards to spin off its critical care business

    Edwards is the latest healthcare firm to spin off a business to focus on specific markets, following larger companies like Johnson & Johnson and GE.

    By Dec. 8, 2023
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    Stock via Getty Images
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    Roundup: Top medtech companies cut jobs in 2023

    Johnson & Johnson, Medtronic and Abbott were among the top companies to announce layoffs this year as the industry implemented cost-cutting measures.

    By Nov. 27, 2023