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Benzinga
118 days

Boston Scientific Raises Annual Outlook After Strong Heart Devices Sales In Q1, Announces CFO Transition

1. BSX reported Q1 2025 revenues of $4.66 billion, surpassing estimates. 2. Sales grew 20.9%, exceeding guidance of 17%-19% for the quarter. 3. Adjusted EPS reached 75 cents, beating consensus by 8 cents. 4. CFO Dan Brennan to retire; Jon Monson will succeed him. 5. 2025 sales growth projected at 15%-17%, up from previous guidance.

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FAQ

Why Very Bullish?

Strong revenue and EPS growth indicates robust market performance; previous periods showed similar momentum leading to stock price increases. For example, strong quarterly results in 2021 resulted in significant uplifts in BSX stock.

How important is it?

The financial success reported has a direct, positive correlation with stock price movement, combined with leadership changes often affecting investor sentiment.

Why Long Term?

Consistent revenue growth and strategic acquisitions like SoniVie may enhance long-term profitability, similar to past mergers in the medical device sector boosting stock values.

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