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StockNews.com
StockNews.com
Business
Dipanjan Banchur

Should You Buy the Dip in Teleflex?

Teleflex Incorporated (TFX) in Wayne, Pa., provides medical technology products. The company primarily designs, develops, manufactures, and supplies single-use medical devices used by hospitals and healthcare providers for common diagnostic and therapeutic procedures in critical care and surgical applications. It operates through the Americas, Europe, the Middle East and Africa (EMEA), Asia Pacific, and Original Equipment Manufacturer and Development Services segments.

TFX reported impressive fiscal fourth-quarter results, beating Wall Street estimates for sales and adjusted EPS by 1.6% and 1.9%, respectively.

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