Halyard Health Announces First Quarter 2016 Results Completes Acquisition Of CORPAK MedSystems
ALPHARETTA, Ga., May 4, 2016 /PRNewswire/ -- Halyard Health, Inc. (HYH) today reported first quarter 2016 results.
Executive Summary
• First quarter 2016 net sales were $385 million, down 2 percent from the same period last year. On a constant currency basis, net sales decreased 1 percent in the quarter.
• Net income for the first quarter 2016 was $14 million compared to net income of $22 million in the first quarter of 2015. First quarter adjusted net income was $25 million compared to adjusted net income of $24 million in the prior year.
Executive Summary
• First quarter 2016 net sales were $385 million, down 2 percent from the same period last year. On a constant currency basis, net sales decreased 1 percent in the quarter.
• Net income for the first quarter 2016 was $14 million compared to net income of $22 million in the first quarter of 2015. First quarter adjusted net income was $25 million compared to adjusted net income of $24 million in the prior year.