Boston Scientific Corp (NYSE:BSX)
$ 101.9 +0.76 (+0.75%) Market Cap: 150.72 Bil Enterprise Value: 161.68 Bil PE Ratio: 74.38 PB Ratio: 6.90 GF Score: 81/100

Q1 2025 Boston Scientific Corp Earnings Call Transcript

Apr 23, 2025 / 12:00PM GMT
Release Date Price: $98.92 (+4.07%)

Key Points

Positve
  • Boston Scientific Corp (BSX) reported a strong Q1 2025 with operational sales growth of 22% and organic sales growth of 18%, exceeding guidance.
  • Adjusted EPS for Q1 2025 was $0.75, a 34% increase, surpassing the guidance range.
  • The company raised its full-year 2025 organic growth guidance from 10%-12% to 12%-14%, reflecting strong performance in its cardiology portfolio.
  • Electrophysiology sales grew 145%, making Boston Scientific the number two player globally in this segment.
  • The company received credit rating upgrades to A- from both Standard & Poor's and Fitch Ratings, indicating strong financial health.
Negative
  • Boston Scientific faces a $200 million tariff impact in 2025, primarily affecting the second half of the year.
  • The Cardiac Rhythm Management segment showed only 1% growth, slightly below market expectations.
  • The Urology segment experienced supply chain issues, leading to backorders and impacting growth.
  • Foreign exchange headwinds negatively impacted Q1 2025 revenue by 130 basis points.
  • The company anticipates a potential 200-300 basis point increase in its tax rate in 2026 due to the sunsetting of the TCJA.
Operator

Good morning, and welcome to the Boston Scientific first-quarter 2025 earnings call. (Operator Instructions) Please note this event is being recorded.

I would now like to turn the conference over to Jon Monson, Senior Vice President, Investor Relations. Please go ahead.

Jonathan Monson
Boston Scientific Corp - Senior Vice President - Investor Relations

Thank you, Drew, and thanks, everyone, for joining us. With me today are Mike Mahoney, Chairman and Chief Executive Officer; and Dan Brennan, Executive Vice President and Chief Financial Officer. During the Q&A session, Mike and Dan will be joined by our Chief Medical Officer, Dr. Ken Stein.

We issued a press release earlier this morning announcing our Q&A results, which included reconciliations of the non-GAAP measures used in this release. The release, as well as reconciliations of the non-GAAP measures used in today's call, can be found on the Investor Relations section of our website.

Please note, on the call, all operational revenue excludes the impact of foreign

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot