2024-02-12 16:09:46 ET
Despite the challenges posed by COVID-19 and macroeconomic headwinds, the company achieved positive revenue growth in 2023. Net sales increased by $622.4 million compared to the previous year, driven by sales growth of their TAVR products. Although the gross profit increased, the gross profit margin decreased due to foreign currency exchange rate fluctuations. The decrease in net income and diluted earnings per share was primarily due to an after-tax charge related to an intellectual property ag ... Full story available on KlickAnalytics.com