10-Q quarterly report · filed May 4, 2017

Teleflex Inc (TFX) Q2 2017 10-Q Quarterly Report

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Teleflex Inc (TFX) filed its Q2 2017 10-Q quarterly report on May 4, 2017 for the quarter ended Apr 2, 2017.

Teleflex Inc Q2 2017 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $487.9M, up 14.8% YoY from $424.9M, driven by acquisitions and $32.8M higher sales volume
  • Gross margin 52.4% vs 53.0% YoY, pressured by Vascular Solutions inventory step-up
  • Best segment OEM: revenue $43.3M, up 27.6%; operating profit $9.1M, up 75.8%
  • Worst segment Asia: revenue $49.0M, down 0.4%; operating profit $10.8M, down 17.0%
  • Operating cash flow $90.9M vs $66.8M; Vascular Solutions acquisition $975.5M, capital expenditures $12.9M, borrowings increased $1,056.2M

Risk Factors

  • No significant risk-factor changes reported for quarter ended April 2, 2017
  • Regulatory and compliance risks carried forward from December 31, 2016 Form 10-K
  • Operational and competitive risks carried forward from December 31, 2016 Form 10-K
  • Financial and liquidity risks carried forward from December 31, 2016 Form 10-K

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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