Earnings
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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 -
Siemens Healthineers lowers earnings forecast on expected tariff hit
The company expects a tariff impact of up to 300 million euros ($339 million), with the biggest hit from European goods going to the U.S.
By Nick Paul Taylor • May 8, 2025 -
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 Nick Paul Taylor • May 6, 2025 -
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 Elise Reuter • May 6, 2025 -
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 Ricky Zipp • May 2, 2025 -
Stryker expects $200M tariff hit, lowers earnings forecast
CEO Kevin Lobo said that without the tariffs, the company would have “raised our earnings without question.”
By Elise Reuter • May 2, 2025 -
Earnings & Tariffs
GE Healthcare slashes 2025 profit forecast on tariff impact
The full-year tariff impact of 85 cents per share would have more than doubled without mitigation actions underway, executives said on the earnings call.
By Susan Kelly • April 30, 2025 -
Earnings & Tariffs
Thermo Fisher commits $2B to US manufacturing
The company said the investment will create high-paying jobs and add lab services capacity to its domestic healthcare supply chain.
By Nathan Owens • April 28, 2025 -
Earnings & Tariffs
Trump’s tariff effect has dominated medtech earnings calls
While J&J, Abbott and Boston Scientific have all said the White House’s tariff policies will cost them hundreds of millions of dollars, yearly forecasts have remained in place — or even increased.
By Ricky Zipp • April 28, 2025 -
Earnings & Tariffs
Edwards shrugs off tariffs, backs 2025 profit forecast
The heart valve specialist saw better-than-expected TAVR sales in the first quarter as hospitals addressed capacity constraints that have dogged its core business.
By Susan Kelly • Updated April 30, 2025 -
Earnings & Tariffs
Danaher predicts $350M tariff hit, moves to mitigate impact on profits
The company is planning manufacturing footprint changes, supply chain adjustments, surcharges and cost cutting to limit the impact of the tariffs.
By Nick Paul Taylor • April 24, 2025 -
Earnings & Tariffs
Boston Scientific is ‘very bullish’ on 2025 despite $200M tariff hit
The company joins Johnson & Johnson and Abbott as top medtech firms that expect an impact in the hundreds of millions of dollars from President Donald Trump’s tariff policies.
By Ricky Zipp • April 23, 2025 -
Earnings & Tariffs
Intuitive lowers profit margin forecast due to tariff pressure
CFO Jamie Samath cautioned that the trade environment, financial pressures on hospitals and macroeconomic risks could extend timelines for robot purchases.
By Susan Kelly • April 23, 2025 -
Intuitive, Boston Scientific and Edwards next up in medtech earnings
Tariff talk will continue in the second week of earnings season, but the updates could also shed light on trends and competitive dynamics in key markets.
By Nick Paul Taylor • April 21, 2025 -
J&J’s electrophysiology sales dip amid slow Varipulse start
Johnson & Johnson’s electrophysiology unit struggled in the first quarter, as the company chases Medtronic and Boston Scientific in the red-hot pulsed field ablation market.
By Ricky Zipp • April 16, 2025 -
Earnings & Tariffs
Abbott expects a ‘few hundred million’ in tariff costs in 2025
CEO Robert Ford told investors the company had considered raising its earnings forecast for 2025, but decided to maintain it in light of the new tariffs.
By Elise Reuter • April 16, 2025 -
Earnings & Tariffs
J&J expects tariff charge of $400M this year
CFO Joe Wolk, who revealed the figure Tuesday morning on CNBC, told investors the charge was primarily in the healthcare giant’s medtech business.
By Ricky Zipp • April 15, 2025 -
Trump tariffs
Pharma bosses face down investor angst on tariffs, HHS chaos
As first quarter earnings begin, executives are confronting market turmoil, regulatory instability and the threat of U.S. tariffs on their products.
By Ned Pagliarulo • April 14, 2025 -
Trump tariffs
Tariffs top of mind for medtech firms this earnings season
GE Healthcare and Medtronic said they are preparing mitigation plans as they assess the potential ramifications of Trump’s tariff policies.
By Susan Kelly • April 14, 2025 -
Newly public Beta Bionics reports sales surge; Dexcom hires CCO
Sales of Beta Bionics insulin pumps spiked 145% in the fourth quarter behind solid new patient starts. Elsewhere, former Masimo exec Jon Coleman joined Dexcom, and Sibionics’ CGM earned the CE mark.
By Nick Paul Taylor • March 28, 2025 -
Hinge Health, a virtual physical therapy firm, files for IPO
The digital health IPO market has slowed to a crawl in recent years, but experts say it could be poised for a turnaround in 2025.
By Emily Olsen • March 13, 2025 -
Elekta CEO Gustaf Salford to leave after board sees need for new leader
Laurent Leksell, Elekta’s chairman of the board, said the company needs “new leadership that can further intensify the focus on improving profitability and strengthen growth.”
By Nick Paul Taylor • Feb. 27, 2025 -
After tough year, Baxter looks for next CEO to drive growth
Interim CEO Brent Shafer said the medical products maker is ready to begin a new era after several years of “heavy lifting” to simplify the business structure.
By Susan Kelly • Feb. 21, 2025 -
Philips expects sales struggles in China to continue in 2025
Philips forecast a double-digit sales decline in China for the first half of 2025 after reporting “significant deterioration” of demand in October.
By Nick Paul Taylor • Feb. 19, 2025 -
Medtronic nears FDA submission for Hugo robot
CEO Geoff Martha said Medtronic would submit its application for urological procedures to the Food and Drug Administration by the end of March.
By Ricky Zipp • Feb. 18, 2025