Star Surgical Company in Podcasts
companyStar Surgical Company, a medical device company, mentioned as a mover in the stock market.
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Mentions in Podcasts
Starr said the figures are preliminary and unaudited, with full results to be reported in early May.
The company noted that first quarter 2025 sales were impacted by minimal shipments to China as distributors reduced excess inventory, which it said has now returned to targeted levels.
Starr added that improved sales and a lower cost structure are expected to lead to a significant improvement in adjusted EBITDA for the quarter.
The company said China accounted for the majority of the increase, while the Americas posted continued double-digit growth.
On Wednesday, Star said that it expects first quarter net sales to exceed $90 million, more than double from $42.6 million a year earlier.
Star Surgical Company is on our biggest movers list ahead of market open.
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