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Wednesday, July 24, 2019

Anika Therapeutics EPS beats by $0.27, beats on revenue

Anika Therapeutics (NASDAQ:ANIK): Q2 GAAP EPS of $0.67 beats by $0.27.
Revenue of $30.42M (-0.4% Y/Y) beats by $3.01M.
Shares -0.07%.

Varian Medical Systems EPS beats by $0.19, beats on revenue

Varian Medical Systems (NYSE:VAR): Q3 Non-GAAP EPS of $1.32 beats by $0.19; GAAP EPS of $0.32 misses by $0.70.
Revenue of $825.8M (+16.5% Y/Y) beats by $63.51M.

LeMaitre Vascular EPS beats by $0.02, beats on revenue

LeMaitre Vascular (NASDAQ:LMAT): Q2 GAAP EPS of $0.23 beats by $0.02.
Revenue of $29.48M (+9.1% Y/Y) beats by $0.58M.

Cerner reports mixed Q2, outlook

Cerner (NASDAQ:CERN) -0.1% reports mixed Q2 results that beat EPS estimates but missed on revenue. The Q3 outlook has in-line revenue of $1.405-1.455B (consensus: $1.43B) and downside EPS of $0.65-0.67 (consensus: $0.68).
The reiterated in-line FY19 view has revenue of $5.65-5.85B (consensus: $5.74B) and EPS of $2.64-2.72 (consensus: $2.67).
Q2 bookings came in at the higher end of the company’s guidance at $1.43B.
The operating cash flow totaled $206.8M and the FCF was a negative $22.2M.
Earnings call starts at 4:30 PM ET with a webcast here.

Bristol Opdivo + Yervoy combo results mixed in first-line lung cancer study

Results from Part 1a of the Phase 3 CheckMate-227 study evaluating Bristol-Myers Squibb’s (NYSE:BMY) combo therapy of Opdivo (nivolumab) + low-dose Yervoy (ipilimumab) versus chemo in first-line PD-L1-positive (at least 1%) non-small cell lung cancer (NSCLC) met the co-primary endpoint of a statistically significantly improvement in overall survival (OS) compared to chemo.
No new safety signals were observed.
Part 2 of CheckMate-227 failed to demonstrate a statistically valid effect on OS versus chemo in non-squamous NSCLC patients.
Complete results will be submitted for presentation at a future medical conference.
Shares are down 4% after hours.

Innoviva EPS misses by $0.09, misses on revenue

Innoviva (NASDAQ:INVA): Q2 GAAP EPS of $0.34 misses by $0.09.
Revenue of $64.11M (-4.4% Y/Y) misses by $4.79M.

Thermo Fisher Scientific EPS beats by $0.04, beats on revenue

Thermo Fisher Scientific (NYSE:TMO): Q2 Non-GAAP EPS of $3.04 beats by $0.04; GAAP EPS of $2.77 beats by $0.78.
Revenue of $6.32B (+3.9% Y/Y) beats by $10M.
https://seekingalpha.com/news/3480614-thermo-fisher-scientific-eps-beats-0_04-beats-revenue