Edwards Lifesciences posts lower 4th quarter net earnings
Feb 3 (Reuters) - Medical device maker Edwards Lifesciences Corp said on Monday that fourth-quarter net earnings declined from a year ago as it took charges related to the rollout of its next-generation replacement heart valves.
The medical device maker said net income fell to $75.8 million, or 68 cents a share, from $91.1 million, or 77 cents a share, a year earlier.
Excluding special items, Edwards earned 91 cents a share.
Fourth-quarter net sales rose 5 percent to $536 million from a year ago.
Trending On Reuters
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video