What happened
Edwards Lifesciences is down more than 13% at 12:10 p.m. EDT on Wednesday after the company released a less-than-stellar earnings report after the bell yesterday.
So what
"Less than stellar" is all relative of course. Edwards Lifesciences sales were up 20.1% year over year, a level of growth that many companies would love to have. But second-quarter sales increased 23.1% year over year, so Edwards Lifesciences' revenue growth has decelerated just a bit.
Edwards Lifesciences is down more than 13% at 12:10 p.m. EDT on Wednesday after the company released a less-than-stellar earnings report after the bell yesterday.
So what
"Less than stellar" is all relative of course. Edwards Lifesciences sales were up 20.1% year over year, a level of growth that many companies would love to have. But second-quarter sales increased 23.1% year over year, so Edwards Lifesciences' revenue growth has decelerated just a bit.