Report
Jake Strole
EUR 100.00 For Business Accounts Only

LivaNova continues to surpass expectations as growth accelerates across the business.

LivaNova reported solid second-quarter results, with sales growth handily beating our expectations, albeit on the back of elevated operating expenses. We'll likely raise our fair value estimate by a mid-single-digit percentage to incorporate the time value of money and better sales performance out of the recently acquired TandemLife business and LivaNova's neuromodulation franchise. For now, we're maintaining our narrow moat and stable trend ratings.
With revenue growing nearly 8% in constant cu...
Underlying
LivaNova Plc

LivaNova is a medical device company focused on the development and delivery of therapeutic solutions. Co. has three product franchises: Neuromodulation, which engaged in the design, development and marketing of neuromodulation therapy for the treatment of drug-resistant epilepsy and treatment resistant depression; Cardiac Surgery, which engaged in the development, production and sale of cardiovascular surgery products; and Cardiac Rhythm Management, which engaged in the development, manufacturing and marketing of products for the diagnosis, treatment, and management of heart rhythm disorders and heart failure.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jake Strole

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch