Q4 EARNINGS: Wright and Tornier deal to close in H1, as both firms see sales growth
This article was originally published in Clinica
Executive Summary
Wright Medical has preliminarily reported 23% sales growth in its fourth fiscal quarter, but has fallen short of analyst expectations. It is expecting Q4 revenues of $83.3m, lower than analyst estimates of $84.4m. The firm did not give figures for net income (or loss), but analysts are predicting an adjusted loss of $0.26 per share in Q4, widening from a loss of $0.17 per share in Q4 2013.