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Invacare Corp (IVC.N)

IVC.N on New York Stock Exchange

16.50USD
15 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Invacare Reports Q2 Loss Per Share Of $0.50
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Invacare Corp ::INVACARE REPORTS RESULTS FOR SECOND QUARTER 2018.Q2 ADJUSTED LOSS PER SHARE $0.41.Q2 GAAP LOSS PER SHARE $0.50.Q2 SALES $246.2 MILLION.Q2 EARNINGS PER SHARE VIEW $-0.30 -- THOMSON REUTERS I/B/E/S." UNDERTAKING A MILD SHIFT IN PRODUCT MIX IN EUROPE, AND WE EXPECT A SLIGHT REDUCTION IN EUROPE REVENUE THROUGH 4Q18".COMPANY CONTINUES TO ESTIMATE THAT CASH FLOW IN 2018 WILL BE SIMILAR TO 2017.QTRLY NET SALES $246.2 MILLION VERSUS $233.5 MILLION.  Full Article

Invacare Says 2020 Goals Include Commitment To Achieve $100 Mln Of Annual Run-Rate EBITDA
Monday, 9 Apr 2018 

April 9 (Reuters) - Invacare Corp ::INVACARE - 2020 GOALS INCLUDE COMMITMENT TO ACHIEVE $100 MLN OF ANNUAL RUN-RATE EBITDA - SEC FILING .  Full Article

Invacare Appoints Kathleen Leneghan CFO
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Invacare Corp ::INVACARE APPOINTS KATHLEEN LENEGHAN CHIEF FINANCIAL OFFICER.‍LENEGHAN HAS BEEN IN ROLE OF INTERIM CFO SINCE NOV. 26, 2017​.  Full Article

Invacare Corp Transfers Küschall Wheelchair Production From Switzerland To France
Monday, 12 Feb 2018 

Feb 12 (Reuters) - Invacare Corp ::INVACARE CORPORATION TRANSFERS KÜSCHALL WHEELCHAIR PRODUCTION FROM SWITZERLAND TO FRANCE.INVACARE - ‍FRONT OFFICE OF SWISS FACILITY WILL REMAIN OPEN AND CONTINUE TO SERVE AS INVACARE'S EUROPEAN HEADQUARTERS​.INVACARE CORP - ‍HAS COMPLETED ITS CONSULTATIONS WITH KÜSCHALL EMPLOYEES​.INVACARE CORP - ‍WILL PROCEED WITH ACTIVITIES TO TRANSFER WHEELCHAIR PRODUCTION TO FRANCE​.INVACARE CORP - ‍TRANSFER IS EXPECTED TO GENERATE AN INCREMENTAL $1.7 MILLION IN ANNUALIZED PRE-TAX SAVINGS IN EUROPE BUSINESS SEGMENT​.INVACARE SAYS TRANSITION ASSISTANCE WILL BE PROVIDED TO AFFECTED EMPLOYEES AS A RESULT OF KUSCHALL WHEELCHAIR PRODUCTION TRANSFER.INVACARE CORP - ‍EXPECTS TO INCUR RESTRUCTURING CHARGES AND RELATED OPERATING COSTS OF APPROXIMATELY $1.1 MILLION ON A PRE-TAX BASIS IN EUROPE BUSINESS SEGMENT​.INVACARE CORP - ‍CASH RESTRUCTURING CHARGES WILL BE PAID IN Q3 2018​.  Full Article

Invacare Corp Reports Q4 Loss Per Share $0.54
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Invacare Corp ::ORATION ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL YEAR ENDED DECEMBER 31, 2017.Q4 ADJUSTED LOSS PER SHARE $0.42.Q4 GAAP LOSS PER SHARE $0.54.Q4 SALES ROSE 1.5 PERCENT TO $250.4 MILLION.Q4 EARNINGS PER SHARE VIEW $-0.42, REVENUE VIEW $246.7 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Invacare Says On Jan 3, FDA Notified Co That Its Unit Alber GMBH's Responses To Warning Letter Diclosed In Sept 2017 Are "Adequate" - SEC Filing
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Invacare Corp ::INVACARE SAYS ON JAN 3, FDA NOTIFIED CO THAT ITS UNIT ALBER GMBH'S RESPONSES TO WARNING LETTER DICLOSED IN SEPT 2017 ARE "ADEQUATE" - SEC FILING.INVACARE CORP - FDA IS IN PROCESS OF REMOVING THE IMPORT SUSPENSION OF CERTAIN ALBER GMBH PRODUCTS INTO UNITED STATES.INVACARE CORP - FDA IS EXPECTED TO CONDUCT A FOLLOW-UP INSPECTION OF ALBER'S ALBSTADT, GERMANY FACILITY.  Full Article

Invacare Announces North America Reduction In Force As Part Of Continued Cost Realignment
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Invacare Corp ::INVACARE ANNOUNCES NORTH AMERICA REDUCTION IN FORCE AS PART OF CONTINUED COST REALIGNMENT.INVACARE CORP - REDUCTION WILL IMPACT APPROXIMATELY 110 ASSOCIATES ACROSS COMPANY'S NORTH AMERICA SEGMENTS.INVACARE CORP - REDUCTION IN FORCE IN NORTH AMERICA IS EXPECTED TO GENERATE APPROXIMATELY $8.5 MILLION IN ANNUALIZED PRE-TAX SAVINGS.  Full Article

Invacare announces departure of Chief Financial Officer
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Invacare Corp :Invacare announces departure of Chief Financial Officer.Says CFO Robert K. Gudbranson resigned.Invacare Corp - ‍while co performs executive search to identify successor to Gudbranson, Kathleen P. Leneghan will assume role of interim CFO​.  Full Article

Invacare says ‍Alber GMBH received warning letter from US food and drug administration​
Monday, 25 Sep 2017 

Sept 25 (Reuters) - Invacare Corp :Invacare Corp - ‍alber GMBH, a wholly owned subsidiary of Invacare Corporation, received warning letter from United States Food And Drug Administration​.Invacare Corp - ‍Alber twion power assist devices will not be imported into united states until all findings are corrected to fda's satisfaction​.Invacare Corp - does not expect action to have a significant impact on its financial results​.Invacare-Letter requires completion of corrective actions to address fda observations after inspection of unit's facility in albstadt, germany in May.  Full Article

Invacare Q2 loss per share $0.72
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Invacare Corp :Invacare reports results for second quarter 2017.Q2 adjusted loss per share $0.63.Q2 GAAP loss per share $0.72.Q2 sales $233.5 million versus I/B/E/S view $244.2 million.Q2 earnings per share view $-0.42 -- Thomson Reuters I/B/E/S.Invacare Corp says restructuring activities since May 2017 expected to yield an incremental $8.3 million in annualized cost savings.Invacare corp says operating loss and EBITDA were impacted by $5.0 million in restructuring charges in the quarter.Invacare corp says in Q2, net sales from North America businesses were lower than expected.  Full Article

BRIEF-Invacare Reports Q1 Adjusted Loss Per Share $0.35

* Q1 EARNINGS PER SHARE VIEW $-0.38 -- THOMSON REUTERS I/B/E/S