1. Medtech Insight

Boston Scientific Exceeds Wall Street’s Expectations In Q3

 
• By Reed Miller

Boston Scientific’s management believes the ongoing recovery of procedure volumes and new technology will allow it to show revenue growth in the fourth quarter.

Sep 16, 2019 Fremont / CA / USA - Boston Scientific office buildings in Silicon Valley; Boston Scientific Corporation is a manufacturer of medical devices used in interventional medical specialties
• Source: shutterstock.com

Boston Scientific’s third-quarter 2020 revenue total is higher than Wall Street analysts expected it to be, but it is still lower than it was a year ago due to the slowdown in procedures caused by the pandemic.

The company generated nearly $2.7bn in sales during the third quarter of 2020, representing a 2.5% decline on an operational basis and 5.7% an organic basis compared to the third quarter of 2019, the company reported on 28 October

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