Invacare Corp. (NYSE: IVC) has filed for a selling stockholder offering of up to 32,402,336 shares.
Invacare Corp. (NYSE: IVC) reported the Q1 EPS of $0.69 on May 9, 2022, $0.26, which is lower than the analyst estimate of $0.43. The quarter’s revenue was $201 million, compared to the consensus estimate of $197.46 million.
Invacare Corp. (NYSE: IVC) reported Q3 EPS of $0.65 on October 27, 2021, $0.46, lower than the analyst estimate of $0.19. The company’s revenue for the quarter was $224.2 million, compared to the consensus estimate of $219.53 million.
Invacare Corporation and its subsidiaries design, manufacture, distribute, and export medical equipment in the world’s home health care, retail, and extended care industries. Power wheelchairs are available under the Invacare TDX brand, as are custom manual wheelchairs under the Invacare, Invacare Top End, and Küschall brand names, as well as seating and positioning items under the Invacare brand and custom molded seat modules under the PinDot brand.
It also sells lifestyle items such as pressure-relieving overlays and mattress systems under the Invacare Softform and micro air brands, safe patient handling products under the Birdie, Evo, and ISA brands, residential and institutional care beds and bed accessories, and manual wheelchairs under the Invacare brand name, as well as personal care products.
Furthermore, the company provides respiratory therapy equipment such as stationary oxygen concentrators with the Platinum and Perfecto2 brands, portable oxygen concentrators with the Platinum brand, and Invacare HomeFill oxygen systems. It also offers repair, equipment rentals, and outside contracting services, as well as the distribution of heart rate monitors, thermometers, and nebulizers, as well as portable ramps.
Through its sales staff, independent manufacturers’ representatives, and distributors, the company primarily offers its products to home medical equipment providers through retail and e-commerce channels, residential care operators, dealers, and government health service consumers. Invacare Corporation, headquartered in Elyria, Ohio, was formed in 1885.
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