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IVC News and Press, Invacare Corporation

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Company Name: Invacare Corporation
Stock Symbol: IVC
Market: NYSE
Website: invacare.com

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IVC - Match Layoffs 2023: What to Know About the Latest MTCH Job Cuts

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: T. Schneider / Shutterstock Match (NASDAQ: MTCH ) layoffs are underway as the online dating company looks to cut costs following poor earnings . Gary Swidler, CFO of Match, revealed the company’s p...

IVC - Invacare falls on bankruptcy filing

Medical equipment maker Invacare Corporation ( NYSE: IVC ) lost ~20% in the pre-market trading Wednesday after announcing that the company and two U.S. based subsidiaries filed for voluntary Chapter 11 bankruptcy. The cases filed in the Bankruptcy Court for the Southern District o...

IVC - Why Is Snap (SNAP) Stock Down 12% Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: BigTunaOnline / Shutterstock Snap (NYSE: SNAP ) stock is on the move Wednesday as investors react to the company’s earnings report for the fourth quarter of 2022. The Snap earnings report starts wit...

IVC - Invacare Corporation Takes Action to Strengthen Its Financial Position and Drive Long-Term Growth Through Voluntary Prearranged Chapter 11 Cases That Do Not Include Its International Operations

Refinancing action will reduce net debt by approximately 65% Global manufacturing and delivery of products to continue uninterrupted to meet robust customer demand Strong sequential improvement achieved in preliminary 4Q22 financial results Executed strategic actions accel...

IVC - Invacare announces additional draw of $5.5M term loans

Invacare ( NYSE: IVC ) announced additional draw of $5.5M of term loans under its credit agreement. The company said certain funds will be managed by Highbridge Capital Managed. The company will use the proceeds of the additional draw for general corporate purposes, it sa...

IVC - Invacare Corporation Announces Additional Draw of Term Loans

Invacare Corporation (NYSE: IVC) (“Invacare” or the “company”) announced the consummation of an additional draw of $5,500,000 of term loans under to its Credit Agreement with certain funds managed by Highbridge Capital Management LLC (“Highbridge”), as of...

IVC - Invacare Appoints Geoff Purtill President and Chief Executive Officer

Invacare Corporation (NYSE: IVC) announced today that its Board of Directors has named Geoffrey P. Purtill as President and Chief Executive Officer, roles that he has served on an interim basis since August 28, 2022. Non-executive Chairman of the Board of Directors Michael J. Merrim...

IVC - Invacare Corporation (IVC) Q3 2022 Earnings Call Transcript

Invacare Corporation (IVC) Q3 2022 Earnings Conference Call November 08, 2022 08:30 AM ET Company Participants Lois Lee - Director of Treasury, Investor Relations and Corporate Communications Geoffrey Purtill - Interim President and Chief Executive Officer Kathy ...

IVC - Invacare Corporation 2022 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Invacare Corporation in conjunction with their 2022 Q3 earnings call. For further details see: Invacare Corporation 2022 Q3 - Results - Earnings Call Presentation

IVC - Invacare GAAP EPS of -$0.92, revenue of $170.4M

Invacare press release ( NYSE: IVC ): Q3 GAAP EPS of -$0.92. Revenue of $170.4M (-24.0% Y/Y). Gross margin was 18.4%, a decrease of 850 basis points, including 510 basis points of decline related to the write-down of respiratory inventory as a result of the decision to...

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