Teleflex: Q1 Earnings Snapshot

April 28, 2022 GMT

WAYNE, Pa. (AP) _ Teleflex Inc. (TFX) on Thursday reported first-quarter profit of $77.1 million.

On a per-share basis, the Wayne, Pennsylvania-based company said it had net income of $1.63. Earnings, adjusted for amortization costs and non-recurring costs, came to $2.88 per share.

The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.73 per share.

The medical equipment maker posted revenue of $641.7 million in the period, also exceeding Street forecasts. Eleven analysts surveyed by Zacks expected $631.8 million.

Teleflex expects full-year earnings in the range of $13.70 to $14.30 per share.


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