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Invacare reports first quarter losses

April 28, 2016HME News Staff

ELYRIA, Ohio - Invacare reported a net loss of $8.6 million for the first quarter of 2016 compared to a net loss of $7.3 million for the same quarter last year. It reported net sales of $257.6 million vs. $289 million. For North America HME, it reported net sales of $106.4 million for the first quarter, a 15% decrease compared to the same quarter last year. A bright spot: net sales of mobility and seating products, which make up the majority of the company's clinically complex portfolio, increased,...

Earnings Report, Invacare

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