Gambro AB Purchase Puts a Dent in Baxter International, Inc.'s Third-Quarter Earnings
Published: Oct 17, 2013
Medical products maker Baxter International Inc reported a 7 percent fall in third-quarter earnings, hurt by charges related to its $4 billion acquisition of Swedish dialysis products company Gambro AB. Net earnings fell to $544 million, or 99 cents per share, from $583 million, or $1.06 per share, a year earlier. Excluding special items, the maker of dialysis equipment, drug infusion pumps and blood therapy products reported earnings of $1.19 per share.
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