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LivaNova PLC Non-GAAP EPS of $0.43 beats by $0.04, revenue of $263.4M beats by $19.97M

May 03, 2023 6:14 AM ETLivaNova PLC (LIVN) StockBy: Deepa Sarvaiya, SA News Editor
  • LivaNova PLC press release (NASDAQ:LIVN): Q1 Non-GAAP EPS of $0.43 beats by $0.04.
  • Revenue of $263.4M (+9.7% Y/Y) beats by $19.97M.
  • LivaNova now expects revenue for full-year 2023 to grow between 4 and 6 percent on a constant-currency basis. Foreign currency is expected to be a 1 percent tailwind.

  • Adjusted diluted earnings per share for 2023 are now expected to be in the range of $2.50 to $2.70 vs. $2.57 consensus, assuming a fully diluted share count of 54 million for full-year 2023.

  • The Company continues to estimate that adjusted free cash flow will be in the range of $80 to $100 million.

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