LIVN - LivaNova CEO to step down co sees preliminary Q1 revenue above consensus
2023-04-14 17:01:46 ET
- LivaNova ( NASDAQ: LIVN ) on Friday announced the resignation of its CEO and preliminary Q1 revenue that was above consensus estimates.
- Damien McDonald resigned as LIVN's CEO, the company said in a statement , with chair of the board William Kozy appointed as CEO on an interim basis, effective immediately.
- LIVN's board has also retained an international executive search firm to assist with the CEO search.
- Moreover, the company announced preliminary Q1 revenue of $263M, a 9% Y/Y increase. The consensus revenue estimate is $243.43M.
- LivaNova ( LIVN ) stock was 3.3% higher to $44 after hours.
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LivaNova CEO to step down, co sees preliminary Q1 revenue above consensus