MedTech Dive July 16, 2024
The companies’ financial results will offer a glimpse at the current health of medtech markets.
Second quarter earnings season starts this week, with Johnson & Johnson, Abbott and Intuitive Surgical set to report results that will provide pointers to the current health of medtech markets.
Here’s what to look for in the first week of earnings for the industry:
1. Johnson & Johnson
In April, J&J said it expects medtech operational sales growth to be relatively consistent throughout the year. The company predicted procedure volumes would stay above pre-pandemic levels and forecast a “modest impact” from Russia sanctions in the first half of the year.
The second quarter results, which J&J will report Wednesday, will show whether the company...