Shares of Teleflex TFX remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share increased 73.58% over the past year to $3.35, which beat the estimate of $2.87.
Revenue of $713,473,000 rose by 25.83% from the same period last year, which beat the estimate of $685,910,000.
Looking Ahead
Teleflex raised FY21 EPS guidance from $12.65-$12.85 to $12.90-$13.10.
Conference Call Details
Date: Jul 29, 2021
Time: 08:00 AM
Price Action
Company's 52-week high was at $449.38
52-week low: $312.33
Price action over last quarter: down 5.50%
Company Overview
Teleflex is a Wayne, Pennsylvania-based manufacturer of hospital supplies and medical devices primarily in the bloodstream/vascular and surgical areas. The firm reports results across seven segments: vascular access (26% of 2020 sales), interventional (15%), surgical (13%), anesthesia (12%), interventional urology (13%), original-equipment manufacturing (7%), and all other (14%). Geographic exposure for the business is primarily in the U.S., which accounts for 60% of revenue, with international markets making up the remainder.
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