Teleflex falls after lowering 2025 revenue forecast

Teleflex Incorporated

08/01/2026 13:26

** Shares of medical device maker Teleflex TFX.N fall 5.9% to $119.12 premarket

** Co cuts revenue forecast for 2025 to $3.270 billion to $3.278 billion vs. previous forecast of $3.305 billion to $3.320 billion

** Analysts were expecting a revenue of $3.32 billion - LSEG data

** Co says reduction is principally the result of softer-than-expected year-end demand for intra-aortic balloon pumps and catheters in the U.S. and Asia and delays in certain purchase orders in the OEM business

** Appoints Stuart Randle as interim CEO, effective immediately

** Randle succeeds Liam Kelly, who departs as Chairman, President and CEO

** As of last close, stock down 28.9% in the past 12 months

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))