Apr. 26, 2013, 1:45 PMGreatbatch (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. | Comment!
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Greatbatch Inc designs and manufactures critical components that help to advance medical device technology across various applications. The Company operates in two segments namely Greatbatch Medical and QiG Group.
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