LivaNova(LIVN)

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LivaNova(LIVN) - 2025 FY - Earnings Call Transcript
2025-06-11 15:00
LivaNova (LIVN) FY 2025 Annual General Meeting June 11, 2025 10:00 AM ET Speaker0 Hello and welcome to the Annual Meeting of Shareholders of LivaNova plc. Please note that today's meeting is being recorded. During the meeting, we'll have a question and answer session. You can submit questions or comments at any time by clicking on the Q and A icon. It is now my pleasure to turn today's meeting over to Mr. Bill Cosi, Chair of the Board Speaker1 of Speaker0 LivaNova. Mr. Cozzi, the floor is yours. Speaker2 Th ...
LivaNova (LIVN) 2025 Conference Transcript
2025-06-05 20:10
LivaNova (LIVN) 2025 Conference June 05, 2025 03:10 PM ET Speaker0 Our next session here, Matt Taylor, the U. Medical Supplies and Devices analyst here at Jefferies. And I'm joined by the management team from LivaNova, including Vlad Makataria, CEO, and Phil Kowalsik, the CSO, Brianna Gottland, who runs the Investor Relations Program. So we'll have about a half an hour for moderated Q and A with the team. And I just want to thank everybody for your interest, and thanks for coming. So to get started, we've a ...
LivaNova(LIVN) - 2025 Q1 - Quarterly Report
2025-05-07 18:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number: 001-37599 LivaNova PLC (Exact name of registrant as specified in its cha ...
LivaNova(LIVN) - 2025 Q1 - Earnings Call Transcript
2025-05-07 13:02
LivaNova (LIVN) Q1 2025 Earnings Call May 07, 2025 08:00 AM ET Company Participants Briana Gotlin - VP-IRVladimir Makatsaria - CEOAhmet Tezel - Chief Innovation OfficerAlex Shvartsburg - Chief Financial OfficerRick Wise - Managing Director - Medical Technology & SuppliesDavid Roman - Managing DirectorStephanie Bolton - President of Global Epilepsy Conference Call Participants Adam Maeder - Senior Research AnalystMichael Sarcone - AnalystMike Matson - Senior Equity Research AnalystDavid Rescott - Senior Rese ...
LivaNova(LIVN) - 2025 Q1 - Earnings Call Transcript
2025-05-07 13:00
LivaNova (LIVN) Q1 2025 Earnings Call May 07, 2025 08:00 AM ET Speaker0 Good day, ladies and gentlemen, and welcome to the LivaNova plc First Quarter twenty twenty five Earnings Conference Call. My name is Emily, and I'll be coordinating your call today. As a reminder, this conference call is being recorded. I would now like to introduce your host for today's conference, Ms. Brianna Gottlin, Levernova's Vice President of Investor Relations. Please go ahead. Speaker1 Thank you, and welcome to our conference ...
LivaNova (LIVN) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-05-07 12:15
LivaNova (LIVN) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.33%. A quarter ago, it was expected that this medical technology company would post earnings of $0.80 per share when it actually produced earnings of $0.81, delivering a surprise of 1.25%.Over the last four quarters, t ...
LivaNova(LIVN) - 2025 Q1 - Earnings Call Presentation
2025-05-07 11:15
1 Safe Harbor Certain statements in this material, other than statements of historical or current fact, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act. These statements include, but are not limited to, LivaNova's plans, objectives, strategies, financial performance and outlook, trends, the amount and timing of future cash distributions, prospects or future events, and involve ...
LivaNova(LIVN) - 2025 Q1 - Quarterly Results
2025-05-07 10:03
EXHIBIT 99.1 NEWS RELEASE LivaNova Reports First-Quarter 2025 Results; Updates 2025 Guidance London, May 7, 2025 – LivaNova PLC (Nasdaq: LIVN), a market-leading medical technology company, today reported results for the first quarter ended March 31, 2025 and updated full-year 2025 guidance. Financial Summary and Highlights (1) Constant-currency percent change, organic revenue percent change, organic revenue, adjusted operating income, adjusted diluted earnings per share, and adjusted free cash flow are non- ...
LivaNova(LIVN) - 2024 Q4 - Earnings Call Transcript
2025-02-26 00:10
Financial Data and Key Metrics Changes - The company achieved 11% organic revenue growth in 2024, marking the second consecutive year of double-digit organic growth [7] - Adjusted operating income grew by 41%, and adjusted diluted earnings per share increased by 21% [15] - Adjusted free cash flow for the full year was $163 million, up from $96 million in the prior year, representing a 70% growth [48] Business Line Data and Key Metrics Changes - Cardiopulmonary segment revenue was $182 million in Q4 2024, an increase of 11% year-over-year [17] - Epilepsy revenue increased by 1% in Q4 2024, with U.S. epilepsy revenue growing by 4% year-over-year [21][22] - For the full year, cardiopulmonary revenue was $684 million, growing 14%, while epilepsy revenue grew 7% [19][23] Market Data and Key Metrics Changes - The hypoglossal nerve stimulation market for obstructive sleep apnea (OSA) is expected to approach $2 billion by the end of the decade [9] - The company anticipates U.S. epilepsy revenue to grow 4% to 5% in 2025, with expectations for a return to high-single-digit growth in Europe and the rest of the world [24][25] Company Strategy and Development Direction - The company plans to increase investment in product development to ensure a competitive and differentiated product portfolio [9] - A focus on innovation and talent development is emphasized, with approximately 30% of director-level positions filled by new hires or internal promotions [12] - The company aims to sustain growth in core businesses while entering faster growth markets like OSA and difficult-to-treat depression [80] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the clinical data supporting OSA and the potential for significant market growth due to high unmet needs [81] - The company is optimistic about its ability to return the epilepsy business to growth, addressing execution issues that impacted performance [87] - The guidance for 2025 includes organic revenue growth between 6% and 7%, reflecting continued investment in innovation [50][51] Other Important Information - The company expects to submit a PMA for OSA in the first half of 2025, with a limited commercial launch anticipated thereafter [85] - The Italian Supreme Court is expected to rule on the SNIA litigation in the first half of 2025, but the company has not included potential impacts in its guidance [53][54] Q&A Session Summary Question: Can you help us understand the U.S. and EU cardiopulmonary performance in the quarter? - Management acknowledged a challenging comparison due to prior year growth but noted sequential growth in HLM placements and strong demand for consumables [64] Question: What is the impact of the launch of the new ECMO-related product? - The Specialty Cannulae business is expected to grow approximately 10%, primarily driven by the launch of ProtekDuo Plus [76] Question: How much are you spending to prepare for the OSA launch? - The company invested $27 million in 2024 for OSA and plans to invest an additional $8 million in 2025, shifting focus from clinical spend to product development [83] Question: What are the execution issues in the OUS epilepsy business? - Management identified personnel issues as isolated incidents and expressed confidence in returning to growth levels historically seen in the OUS business [87] Question: Can you clarify the capital allocation strategy? - The company is focusing on sustaining growth in core businesses while also investing in faster growth markets like OSA and DTD, with a declining R&D spend as a percentage of sales [129][133]
LivaNova(LIVN) - 2024 Q4 - Annual Report
2025-02-25 21:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Form 10-K For the fiscal year ended December 31, 2024 (Mark One) or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 001-37599 LivaNova PLC (Exact name of registrant as specified in its charter) England and Wales ...