LivaNova rises on upbeat prelim Q1 revenue; CEO resigns

Livanova

14/04/2023 23:04

** Shares of medical device co LivaNova Plc   LIVN.O  rise
3.31% to $44 after the bell
    ** Co reports 9% increase in preliminary Q1 2023 revenue to
$263 million, beating Refinitiv IBES estimates of $243.42
million
    ** Says CEO Damien McDonald has resigned effective
immediately; names its Board Chair William A. Kozy as interim
CEO 
    ** Stock down ~23% YTD

 (Reporting by Sriparna Roy)
 ((Sriparna.Roy@thomsonreuters.com;))