Teleflex gains after revenue growth, profit forecast raise

Teleflex Incorporated

31/07/2025 12:19

** Shares of surgical-equipment maker Teleflex TFX.N rise 14.2% to $130.03 premarket

** Company raises its full-year adjusted revenue growth outlook from between 1% and 2% to 7.70% to 8.70%, reflecting the acquisition of the BIOTRONIK's Vascular Intervention business

** Adds acquisition is expected to generate revenues of $204 million in H2 2025

** Also raises its 2025 adjusted profit per share outlook from a $13.20 to $13.60 range to $13.90 to $14.30

** Analysts had expected a profit of $13.37 per share

** For the quarter, company reported adjusted profit of $3.73 versus estimate of $3.36

** Up to last close, stock down 36% YTD

(Reporting by Sriparna Roy in Bengaluru)

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