Summary
Boston Scientific Corporation (BSX) has filed an 8-K report on April 15, 2009, providing a pre-release update regarding its upcoming first quarter 2009 financial results, scheduled for release on April 20, 2009. The company disclosed that specific "special items" will negatively impact its Generally Accepted Accounting Principles (GAAP) earnings for the quarter. While the precise nature and magnitude of these special items are not detailed in this 8-K filing itself, investors are alerted to an anticipated reduction in reported earnings. The accompanying press release (Exhibit 99.1) is expected to contain the full details.
Key Highlights
- 1Boston Scientific (BSX) announced an upcoming first quarter 2009 earnings report.
- 2The company expects "special items" to reduce reported GAAP earnings for Q1 2009.
- 3The full financial results are scheduled to be released on April 20, 2009.
- 4This 8-K filing serves as an early notification of potential earnings impact.
- 5A press release dated April 15, 2009, containing further details, is filed as Exhibit 99.1.