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Haemonetics: Fiscal Q1 Earnings Snapshot
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BOSTON (AP) — BOSTON (AP) — Haemonetics Corp. (HAE) on Thursday reported fiscal first-quarter earnings of $33 million.

The Boston-based company said it had profit of 72 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to $1.14 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.

The provider blood management systems for health care providers and blood collectors posted revenue of $339.4 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $327.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAE at https://www.zacks.com/ap/HAE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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