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Boston Scientific Expects Up To $40M Impact In Q1 From Coronavirus Outbreak; 10%-12% Revenue Increase For 2020

 
• By Marion Webb

Boston Scientific said in an earnings call it expects the coronavirus outbreak may lead to a $10m to $40m loss in first-quarter sales as a result of lower procedures volumes and disrupted supply chains in China. For the fourth quarter, Boston Scientific reported $2.9bn in sales.

Finance and earning concept

Boston Scientific Corp.'s management expects the coronavirus outbreak may cause the company to lose up to $40m in 2020 first-quarter revenues as a result of deferred procedures and disruptions in its supply chains in China.

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