Teleflex's Transformation Takes Shape, But At What Cost? Teleflex Incorporated's second quarter results sent mixed signals to shareholders, with revenue from continuing operations soaring 28.
9% year over year due to strong performances in its Vascular and Surgical businesses. However, GAAP diluted earnings per share plummeted to $0. 96 from $1. 54 a year earlier.
The company is undergoing a significant transformation, requiring patience from investors. Teleflex's decision to divest its OEM business for $1.