Invacare Q2 Loss Narrows - Quick Facts

(RTTNews) - Invacare Corporation (IVC) reported a second quarter loss from continuing operations of $8.2 million, compared to a loss of $14.5 million, a year ago. GAAP loss per share from continuing operations was $0.26 compared to a loss of $0.45. Adjusted net loss per share was $0.23, for the quarter.

On average, three analysts polled by Thomson Reuters expected the company to report a loss per share of $0.21 for the quarter. Analysts' estimates typically exclude special items.

Net sales decreased 12.4% to $286.3 million from $326.9 million in the same period last year. Constant currency net sales decreased 2.1% for the quarter compared to the same period last year. Analysts expected revenue of $296.07 million for the quarter.