Earnings


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    Alamy
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    Stryker lowers expected tariff impact to $175M

    The medtech firm, which previously forecast a $200 million tariff impact for 2025, also raised its earnings outlook, citing strength in procedure demand.

    By Aug. 1, 2025
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    Alamy
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    Dexcom raises sales expectations, discusses G8 plans

    Outgoing CEO Kevin Sayer expects expanding coverage of Dexcom’s glucose sensors for people with Type 2 diabetes and over-the-counter devices to drive future growth.

    By July 31, 2025
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    Justin Sullivan / Staff via Getty Images
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    Earnings & Tariffs

    Medtech firms slash expected tariff charges

    This earnings season, top medical device companies have dramatically reduced their expectations for tariff impacts in 2025. Check out MedTech Dive’s coverage.

    By July 30, 2025
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    Courtesy of Siemens Healthineers
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    Earnings & Tariffs

    Siemens Healthineers cuts tariff impact after trade talk breakthrough

    The company predicted a full-year impact of 200 million to 250 million euros, down from its previous forecast of up to 300 million euros.

    By July 30, 2025
  • Deira Ward (L) and Lisa Bates (R) work at a computer near a large PCR analysis machine at a Quest Diagnostics testing lab in Indianapolis, Indiana. The lab is capable of processing up to 3700 tests pe
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    Jon Cherry via Getty Images
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    Quest, Labcorp downplay ‘Big Beautiful Bill’ impact

    Executives at the laboratory companies said they expect the effects on testing services from the Republicans’ tax and domestic policy bill, including cuts to Medicaid, will be minimal.

    By July 29, 2025
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    Patrik Stollarz / Staff via Getty Images
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    Earnings & Tariffs

    Philips lowers expected tariff hit to 150M to 200M euros

    The company previously forecast an up to 300 million euro tariff impact in 2025 before the U.S. struck agreements with China and the European Union.

    By July 29, 2025
  • Edwards Lifesciences' Sapien 3 Ultra heart valve replacement system is shown with the valve expanded by a balloon.
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    Courtesy of Edwards Lifesciences
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    Edwards loses longtime TAVR leader Larry Wood

    Wood, who helped build Edwards’ TAVR business, will become CEO of Procept BioRobotics. Edwards also raised its sales and earnings outlook for the full year.

    By July 25, 2025
  • Aerial view of a sprawling Boston Scientific manufacturing plant
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    Courtesy of Boston Scientific
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    Earnings & Tariffs

    Boston Scientific halves expected tariff hit

    The company now expects a tariff charge of $100 million this year, down from a $200 million impact forecast on the company’s first-quarter earnings call.

    By July 23, 2025
  • Intuitive Surgical's da Vinci 5 robotic system.
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    Courtesy of Intuitive Surgical
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    Earnings & Tariffs

    Intuitive Surgical tempers tariff impact expectations

    Executives also addressed Medicaid concerns and competition from third-party suppliers of remanufactured surgical instruments on an earnings call.

    By July 23, 2025
  • Abbott BinaxNOW home COVID-19 test
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    Abbott

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    Earnings & Tariffs

    Abbott lowers sales forecast on diagnostics decline, US funding cuts

    Medical device sales remained a bright spot for the company, however, with more than 20% growth in diabetes devices.

    By July 17, 2025
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    Courtesy of Johnson & Johnson
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    Earnings & Tariffs

    ‘We are not rolling over’: J&J electrophysiology unit rebounds amid PFA rivalry

    The division returned to growth in the second quarter after declining over the previous three months. Now, can the healthcare giant catch up with its rivals in pulsed field ablation?

    By July 16, 2025
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    Courtesy of Johnson & Johnson
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    Trump tariffs

    J&J may take a softer tariff hit after US-China pause, CFO says

    Joseph Wolk told an investor conference that the company’s tariff estimate is a “moving target” as trade talks continue with China and Europe and Section 232 investigations are ongoing.

    By June 4, 2025
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    Courtesy of Medtronic
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    Why Medtronic plans to spin out its diabetes business

    While some analysts questioned why Medtronic would leave a fast-growing market, others backed the company’s plan to focus on segments with higher margins.

    By May 22, 2025
  • Shipping containers are stacked on a container ship at the Port of Los Angeles, as a truck passes above in front of the snow-capped San Gabriel Mountains, on February 7, 2023 in Los Angeles.
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    Mario Tama via Getty Images
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    Trump tariffs

    Cost cuts, production shifts: How medtech firms are managing tariffs

    Many companies forecast specific tariff charges. Then the White House and China agreed to a 90-day pause in their trade standoff.

    By May 22, 2025
  • The exterior of Medtronic's Minnesota operational headquarters is shown along with its reflection in a pool of water.
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    Courtesy of Medtronic
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    Medtronic plans to spin off diabetes business within 18 months

    CEO Geoff Martha told investors the split simplifies Medtronic’s portfolio, while creating a stand-alone diabetes tech competitor.

    By May 21, 2025
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    Permission granted by Dexcom
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    Dexcom CEO says CGMs fit MAHA agenda ‘very nicely’; Tandem preps for new products

    In earnings calls, diabetes tech companies had less to say about tariffs and focused more on future growth.

    By May 16, 2025
  • UnitedHealth Group CEO Andrew Witty
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    Kent Nishimura/Getty Images via Getty Images
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    Andrew Witty steps down as UnitedHealth CEO

    Witty’s departure was surprising, though it follows a sharp downturn in the healthcare juggernaut’s financial outlook. He is being replaced by Stephen Hemsley, the chair of UnitedHealth’s board and a previous chief executive.

    By Rebecca Pifer • May 13, 2025
  • President Donald Trump displays a chart showcasing coming tariff rates at the White House on April 2, 2025.
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    Chip Somodevilla via Getty Images
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    Earnings & Tariffs

    Solventum’s projected $100M tariff hit prevents earnings increase

    CEO Bryan Hanson said tariffs have given “a higher sense of urgency” to the company’s existing efforts to regionalize its supply chains.

    By May 12, 2025
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    Permission granted by Insulet
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    New Insulet CEO Ashley McEvoy sets priorities

    The diabetes tech company raised its expectations for revenue and gross margins, despite the impact of tariffs.

    By May 9, 2025
  • The hand of a scientist in a blue glove runs a test on an Illumina sequencing machine.
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    Courtesy of Illumina
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    SEC ends probe of Illumina’s Grail acquisition

    The DNA sequencing company also cut its 2025 earnings outlook to reflect the impact of tariffs on its business.

    By May 9, 2025
  • A picture of Masimo's headquarters building.
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    Mario Tama / Staff via Getty Images
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    Masimo says cyberattack has impacted its ability to fulfill orders

    The maker of patient monitoring devices is working to bring the affected portions of its network back online and restore normal business operations.

    By David Jones • May 8, 2025
  • A picture of Siemens Healthineers' headquarters building in Erlangen, Germany.
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    Courtesy of Siemens Healthineers
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    Earnings & Tariffs

    Siemens Healthineers lowers earnings forecast on expected tariff hit

    The company expects a tariff impact of up to 300 million euros, with the biggest hit from European goods going to the U.S.

    By May 8, 2025
  • A Philips factory
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    Patrik Stollarz / Staff via Getty Images
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    Earnings & Tariffs

    Philips cuts earnings forecast after calculating $340M tariff hit

    CEO Roy Jakobs said tariff impacts require the company to accelerate localization of production in the U.S.

    By May 6, 2025
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    Sasirin Pamai via Getty Images
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    Earnings & Tariffs

    Zimmer Biomet expects $60M to $80M tariff impact this year

    The orthopedics company lowered its earnings forecast, accounting for the tariffs and closing the acquisition of Paragon 28.

    By May 6, 2025
  • President Donald Trump displays a chart showcasing coming tariff rates at the White House on April 2, 2025.
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    Chip Somodevilla via Getty Images
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    Earnings & Tariffs

    Cardinal Health cuts employees to offset up to $300M tariff charge

    Executives said Thursday that the company has already laid off employees to help mitigate the effects of the Trump administration’s tariff policies.

    By May 2, 2025