10-Q quarterly report · filed Aug 1, 2019

Teleflex Inc (TFX) Q2 2019 10-Q Quarterly Report

Short answer

Teleflex Inc (TFX) filed its Q2 2019 10-Q quarterly report on Aug 1, 2019 for the quarter ended Jun 30, 2019.

Teleflex Inc Q2 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $652.5M, up 7.0% YoY from $609.9M, despite $14.6M unfavorable currency impact
  • Gross margin 57.1% vs 56.5% YoY, SG&A 36.2% vs 37.7%
  • Best segment: Americas revenue $373.8M, up 12.8%; worst: EMEA revenue $147.1M, down 4.2%
  • Operating cash flow $157.3M vs $181.6M; capital expenditures $56.1M and dividends $31.3M
  • 2019 Footprint plan: $21M to $26M charges in 2019, $12M to $14M annual savings when fully implemented

Risk Factors

  • No significant risk-factor changes reported for quarter ended June 30, 2019
  • Regulatory compliance risk: exposure to product-safety and healthcare regulations carried forward from 2018 Form 10-K
  • Operational risk: dependence on uninterrupted manufacturing and supply-chain performance carried forward from 2018 Form 10-K
  • Financial risk: foreign-currency fluctuations and debt obligations carried forward from 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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