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Onsdag 28 Oktober | 21:02:22 Europe / Stockholm

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Surgical Science Q2 2023 - Short-term challenges – unchanged long-term prospects

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Surgical Science Q2 2023 - Short-term challenges – unchanged long-term prospects

2023-08-25 09:09:00

Redeye updates its estimates following Surgical Science’s Q2 2023 report, which featured a ‘mixed bag’. We judge that notable positives from the report include c30% y/y Industry/OEM sales growth and EBITDA/EBIT aligning with our expectations. Notable negatives include net sales coming in c5% below our expectations due to c8% lower-than-expected Educational Products sales. We finetune our estimates and valuation.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/