Invacare Corp. (IVC) Prelim. Q2 Sales Miss Consensus

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Go back to Invacare Corp. (IVC) Prelim. Q2 Sales Miss Consensus

Invacare Corporation Announces Preliminary Financial Results for 2Q20 and Provides Business Update

July 13, 2020 4:42 PM EDT

ELYRIA, Ohio--(BUSINESS WIRE)-- Invacare Corporation (Invacare)(NYSE: IVC) will participate on Tuesday, July 14, 2020 in the 20th Annual CJS Securities New Ideas Summer Conference where the company's management will provide a business update and share certain expected preliminary financial results for the second quarter ended June 30, 2020.

Second Quarter 2020 Preliminary Financial Results

For 2Q20, the company expects to report unaudited and preliminary net sales of approximately $196 million, a decrease of approximately 17% compared to the 2Q19. When adjusted for the impact of foreign currency translation and the divestiture of Dynamic Controls, preliminary... More