July 29, 2020 / 10:41 AM / 15 days ago

Boston Scientific swings to loss as medical device sales sink

July 29 (Reuters) - Medical device maker Boston Scientific Corp reported a second-quarter loss on Wednesday, hurt by lower demand for specialty medical devices as patients continued to defer elective procedures during the COVID-19 pandemic.

Net loss attributable to Boston Scientific was $153 million, or 11 cents per share, in the quarter ended June 30, compared with net earnings of $154 million, or 11 cents per share, last year.

Sales fell to $2.00 billion from $2.63 billion.

Reporting by Trisha Roy and Mrinalika Roy in Bengaluru; Editing by Devika Syamnath

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