Livanova Plc Stock Price, News & Analysis

LivaNova PLC (Nasdaq: LIVN) has announced its participation in three major healthcare conferences in New York. CEO Vladimir Makatsaria will present business updates through fireside chats at the Stifel Healthcare Conference (November 19, 11:30 AM ET), Wolfe Research Healthcare Conference (November 20, 1:20 PM ET), and Piper Sandler Healthcare Conference (December 3, 10:00 AM ET). All sessions will be livestreamed and available for replay on the company's website.

LivaNova announced successful results from its OSPREY randomized controlled trial for the aura6000 System, an implantable device treating moderate to severe obstructive sleep apnea. The study met its primary safety and efficacy endpoints with statistically significant responder rates between treatment and sham arms. Key secondary endpoints showed impressive results at six months: 66.2% reduction in median apnea-hypopnea index (from 34.3 to 11.6) and 63.3% reduction in oxygen desaturation index (from 34.9 to 12.8). No serious adverse device or procedure-related events were reported. LivaNova plans to submit the data to FDA for premarket approval, with 12-month data expected in first half of 2025.

LivaNova (LIVN) reported strong Q3 2024 results with revenue of $318.1 million, up 11.2% year-over-year. The company's Cardiopulmonary segment revenue increased 15.4% to $172.2 million, while Neuromodulation grew 8.8% to $139.9 million. U.S. GAAP diluted earnings per share reached $0.60, with adjusted EPS at $0.90. Based on strong performance, LivaNova raised its full-year 2024 guidance, now expecting revenue growth between 8.5% and 9.5% on a constant-currency basis, and adjusted EPS of $3.30-$3.40.

LivaNova PLC (Nasdaq: LIVN) has appointed Susan Podlogar to its Board of Directors, effective immediately. Podlogar, who will serve on the Compensation and Human Capital Management Committee, brings 30 years of experience in leading business, talent, and cultural transformations at global companies. Her most recent role was Executive Vice President, Chief Human Resources Officer at MetLife from July 2017 to June 2024. Prior to that, she spent 16 years at Johnson & Johnson in various leadership positions. Podlogar holds an MBA from the University of South Florida and a bachelor's degree from the University of Wisconsin-Parkside.

William Kozy, Chair of the Board, praised Podlogar's visionary leadership and understanding of the global business landscape. With this appointment, the LivaNova Board now consists of 10 Directors.

LivaNova PLC (Nasdaq: LIVN), a leading medical technology company, has announced it will host a conference call to discuss its third-quarter 2024 results on Wednesday, October 30, 2024 at 12 p.m. London time (8 a.m. Eastern Time). The company will release its Q3 2024 results before the call. Investors and interested parties can access a live audiocast of the call at www.livanova.com/events.

To join the conference call by telephone, participants can dial +1 833 470 1428 from within the U.S. or +1 929 526 1599 from outside the U.S. The access code for the call is 881946. A replay of the call will be available on the LivaNova website for 90 days following the event.

LivaNova PLC (Nasdaq: LIVN), a leading medical technology company, has announced that its CEO, Vladimir Makatsaria, will participate in a fireside chat at the Baird 2024 Global Healthcare Conference in New York. The presentation is scheduled for Tuesday, September 10, at 10:15 a.m. Eastern Time.

Interested parties can access the webcast through www.livanova.com/events. Attendees are advised to log on about 10 minutes early to ensure proper setup. A replay of the presentation will be available on the LivaNova website within 24 hours and will remain accessible for 90 days following the event.

LivaNova PLC (Nasdaq: LIVN) reported strong Q2 2024 results, with revenue increasing 8.4% to $318.6 million. Excluding the Advanced Circulatory Support segment wind down, revenue grew 10.8% on a constant-currency basis. U.S. GAAP diluted EPS was $0.30, while adjusted diluted EPS reached $0.93.

The Cardiopulmonary segment saw a 14.5% constant-currency growth, driven by EssenzTM Perfusion System sales. Neuromodulation revenue increased 7.8% on a constant-currency basis. LivaNova raised its full-year 2024 guidance, now expecting revenue growth between 7% and 8% on a constant-currency basis. Adjusted diluted EPS for 2024 is projected to be in the range of $3.10 to $3.20.

LivaNova (Nasdaq: LIVN), a leading medical technology company, will announce its second-quarter 2024 results on July 31, 2024. The results will be discussed in a conference call at 1 p.m. London time (8 a.m. Eastern Time). The event will be audiocast live on the company's website, www.livanova.com/events. Participants are advised to log on 10 minutes early for proper setup. The call can also be accessed via telephone using the provided numbers and access code 926038. A replay will be available on the company’s website for 90 days post-call.

LivaNova announced preliminary results for the unipolar patient cohort in its RECOVER clinical study of VNS Therapy for treatment-resistant depression. The primary endpoint (PE) did not achieve statistical significance due to an unforeseen strong response in the sham group. However, select secondary endpoints showed statistically significant and clinically meaningful benefits, with no safety concerns reported. The company plans to publish detailed data in peer-reviewed journals by Q4 2024. The RECOVER study's bipolar patient cohort continues, and discussions with U.S. Medicare and Medicaid Services for VNS Therapy coverage are ongoing.