Boston Scientific Cuts 2026 Guidance Amid Restructuring Efforts
Challenges in the electrophysiology and Watchman businesses led Boston Scientific to cut its sales and earnings per share forecasts for the second quarter in a row.[6192477]
The company plans to restructure, taking up to $800M in charges, following a slowdown in two of its key product lines.[6029426]
Boston Scientific is transferring production lines and cutting jobs as part of its restructuring efforts, which are expected to impact the company's financial performance.[6029426]