Teleflex reported a 2.8% increase in net revenues to $630.6 million for the first quarter of 2020, with GAAP EPS increasing by 212.4% to $2.78 and adjusted diluted EPS increasing by 21.4% to $2.72. However, due to the uncertainty caused by the COVID-19 pandemic, the company withdrew its previously provided 2020 financial guidance.
Net revenues increased by 2.8% to $630.6 million compared to the prior year period.
GAAP earnings per share from continuing operations increased 212.4% to $2.78.
Adjusted diluted earnings per share from continuing operations increased 21.4% to $2.72.
The company withdrew its previously provided 2020 financial guidance due to the COVID-19 pandemic.
Teleflex withdrew its previously issued 2020 financial guidance due to the uncertainty regarding the scope and duration of the COVID-19 global pandemic.
Visualization of income flow from segment revenue to net income