LONDON (AP) — LONDON (AP) — LivaNova PLC (LIVN) on Wednesday reported second-quarter profit of $27.2 million.
The London-based company said it had net income of 50 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.05 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share.
The medical technology company posted revenue of $352.5 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $330.8 million.
LivaNova expects full-year earnings in the range of $3.70 to $3.80 per share.
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