Cyberonics (CYBX) Gains on Strong Q1 Results Amid Slight Delay to Merger Completion - BTIG
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Canaccord Genuity Raises Price Target on Cyberonics (CYBX) Following a 10c EPS Beat
August 21, 2015 9:09 AM EDTCanaccord Genuity reiterated a Hold rating on Cyberonics (NASDAQ: CYBX), and raised the price target to $67.00 (from $65.00), following the company's 1Q16 earnings results. Net sales of $81.0M beat Street's $76.78M estimates. Adjusted EPS of $0.72 came in above the Streets $0.62 projection.
Analyst Jason Mills commented, "Cyberonics reported solid FQ1/16 results that rebounded from several quarters of slowing growth as momentum returned to the U.S. business, driven by... More
Cyberonics (CYBX), Sorin Update on Merger Progress
August 20, 2015 8:38 AM EDTCyberonics (NASDAQ: CYBX) and Sorin S.p.A. announced an update on various matters relating to their pending business combination.
The companies announced that the registration statement on Form S-4 for LivaNova, PLC filed on April 20, 2015 and amended on June 12, 2015, July 13, 2015 and August 17, 2015, was... More
Cyberonics (CYBX) Tops Q1 EPS by 10c
August 20, 2015 7:01 AM EDTCyberonics (NASDAQ: CYBX) reported Q1 EPS of $0.72, $0.10 better than the analyst estimate of $0.62. Revenue for the quarter came in at $81 million versus the consensus estimate of $76.78 million.
For earnings history and earnings-related data on Cyberonics (CYBX) click here.
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