LivaNova: Q4 Earnings Snapshot

Associated Press Finance
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LONDON (AP) — LONDON (AP) — LivaNova PLC (LIVN) on Wednesday reported fourth-quarter net income of $16.3 million.

The London-based company said it had net income of 30 cents per share. Earnings, adjusted for one-time gains and costs, were 87 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.

The medical technology company posted revenue of $310.1 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $290 million.

For the year, the company reported profit of $17.5 million, or 32 cents per share. Revenue was reported as $1.15 billion.

LivaNova expects full-year earnings in the range of $2.95 to $3.05 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LIVN at https://www.zacks.com/ap/LIVN

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