LDR Holding Corporation Announces Preliminary Revenue Results for Third Quarter 2015
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Piper Jaffray Cuts Price target on LDR Holding (LDRH) Following 3Q Pre-announcement
October 9, 2015 8:28 AM EDTPiper Jaffray reiterated an Overweight rating on LDR Holding (NASDAQ: LDRH), and cut the price target to $37.50 (from $45.00), following the company's 3Q pre-announcement. LDR reported Q3 sales of $39.3M. Management attributed the miss to increased seasonality compared to last year.
Analyst Matt O'Brien... More
LDR Holding (LDRH) Reports Prelim. Q3 Results
October 8, 2015 4:15 PM EDTLDR Holding Corporation (NASDAQ: LDRH), a global medical device company focused on designing and commercializing novel and proprietary surgical technologies for the treatment of patients suffering from spine disorders, today announced preliminary estimated revenue results for the third quarter ended September 30, 2015. For the third quarter ended September 30, 2015, the company expects to report:
Total revenue of approximately $39.3 million, an increase of 9.5% over the third quarter of 2014, or an increase of 14.2% on a constant currency basis.Revenue from exclusive technology products of approximately $36.7 million, an increase of 14.5% over the third quarter of... More