10-Q quarterly report · filed May 2, 2019

Teleflex Inc (TFX) Q1 2019 10-Q Quarterly Report

Short answer

Teleflex Inc (TFX) filed its Q1 2019 10-Q quarterly report on May 2, 2019 for the quarter ended Mar 31, 2019.

Teleflex Inc Q1 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $613.6M, up 4.5% YoY from $587.2M, despite $17.1M unfavorable currency impact
  • Gross margin 56.2% vs 56.4% YoY, SG&A margin 37.1% vs 36.7%
  • Best segment: OEM revenue $54.2M, up 18.3%, operating profit $13.3M, up 47.7%
  • Worst segment: Asia operating profit $10.0M, down 25.4%, despite revenue growth of 4.3%
  • Operating cash flow $60.2M vs $86.8M, capital expenditures $23.5M, contingent consideration payments $111.0M
  • 2019 Footprint plan: $56M-$70M charges, $12M-$14M annual savings expected after implementation

Risk Factors

  • No significant risk-factor changes reported for quarter ended March 31, 2019
  • Carried-forward risks remain those disclosed in the December 31, 2018 Form 10-K

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

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