that was a great start. necessary cost cutting measures to get back on track was because of good management. some will try and twist the facts but this was an excellent quarter for bsx no matter what they say.
You can't polish a turd. You can't keep growing income through layoffs, eventually you will have nothing but a skeleton crew of employees and then your net income will turn into a net loss as your revenue keeps shrinking. If you consider nose-diving revenues to be an excellent quarter, then yes this was an excellent quarter!