Haemonetics hits two-year low after cutting sales growth forecast

Haemonetics

06/02/2025 15:40

** Medical equipment maker Haemonetics'  HAE.N  shares fall
8.3% to $65.3 to touch an over 2-1/2 year low 
     ** Co cuts its sales growth forecast for fiscal 2025 to
3%-5% from 5%-8% 
     ** Co reports Q3 revenue of $349 million, missing analyst
estimates of $353 million - data compiled by LSEG
     ** Co posts adj Q3 profit of $1.19 per share, beating
analyst estimates of $1.17 per share - LSEG 
     ** Shares are down ~17% in the past 12 months 

 (Reporting by Padmanabhan Ananthan)
 ((Padmanabhan.Ananthan@thomsonreuters.com))