Greatbatch (GB -4.5%) slips after its Q1 top line came up shy of estimates late yesterday as...

|By:, SA News Editor

Greatbatch (GB -4.5%) slips after its Q1 top line came up shy of estimates late yesterday as total sales dipped by 7% Y/Y. Cardiac/Neuromodulation revenue decreased -5%, Electrochem -11%, due largely to tough comps in energy and military markets, Orthopaedic +11% on implant market share gains and new product launches.