Revenue outlook revision
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Teleflex Names Stuart Randle Interim CEO, Cuts Full-Year Revenue Outlook; Shares Fall
RTTNews· 2026-01-08 12:05
Leadership Changes - Teleflex Incorporated has appointed Stuart Randle as Interim President and CEO, succeeding Liam Kelly, who has stepped down from his roles [1] - Stephen Klasko has been appointed as Chairman of the Board [1][2] Revenue Outlook - The company has lowered its full-year revenue outlook for 2025 to a range of $3.270 billion to $3.278 billion, down from the previous guidance of $3.305 billion to $3.320 billion [3] - The revision is attributed to softer-than-expected demand for intra-aortic balloon pumps and catheters in the U.S. and Asia, delays in certain OEM purchase orders, and lower overall order volumes across parts of its portfolio [3] Strategic Focus - Teleflex is transitioning to a more focused, higher-growth organization following the announced sale of its Acute Care, Interventional Urology, and OEM businesses [3] - The Board believes this leadership transition is timely to best position the company for future growth [3]
Nutanix revises FY26 revenue outlook to $2.82B–$2.86B while raising free cash flow target to $800M–$840M as deferred revenue recognition rises (NASDAQ:NTNX)
Seeking Alpha· 2025-11-26 10:54
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