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AAP
AAP
Adrian Black

Cochlear launches new implant, downgrades guidance

Jenny Young Cochlear
Music fan Jenny Young, with singer James Johnston, was one of the first to try Cochlear's new device (HANDOUT/COCHLEAR)

Hearing implant developer and manufacturer Cochlear is sounding out the market, launching its latest implant and cutting earnings guidance on the same day.

Weaker-than-expected sales forced the health technology company to trim net profit expectations to between $390 to $400 million, down from $410 million to $430 million, but still higher than FY24's $387 million result.

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