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Q4 EARNINGS: Wright and Tornier deal to close in H1, as both firms see sales growth

This article was originally published in Clinica

Executive Summary

Wright Medical has preliminarily reported 23% sales growth in its fourth fiscal quarter, but has fallen short of analyst expectations. It is expecting Q4 revenues of $83.3m, lower than analyst estimates of $84.4m. The firm did not give figures for net income (or loss), but analysts are predicting an adjusted loss of $0.26 per share in Q4, widening from a loss of $0.17 per share in Q4 2013.

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