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Earnings Winners & Losers: ABMD, BSX, EW, ABT Pump Money Into Cardio; SYK, ZBH Innovate Ortho Surgery

 
• By Reed Miller

Most of the major medical device companies have reported sales and earnings for the last three months of 2017 and the full year. Cardiovascular companies are succeeding with new technology while continuing to grow revenues from established technologies, especially in emerging markets. Orthopedic firms are looking to new technology, like surgery robots and neurostimulation, to differentiate themselves from the competition and improve profits.

Winner

This edition of Winners & Losers covers the major public cardiovascular and orthopedic players that have reported their sales and earnings for the quarter ended Dec. 31 and, unless they operate with a different fiscal year, all of 2017. Some of these companies are growing revenues by focusing on a few fast-growing market opportunities, and others by offering a competitive portfolio across several device areas.

Abbott Laboratories Inc.(ABT), Boston Scientific Corp. (BSX), and Stryker Corp. (SYK) showed growth across their respective broad product portfolios.

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