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Surgical Science Q2 2024: Sales in line, soft profitability due to revenue mix - Redeye

Redeye provides its initial take on Surgical Science’s Q2 2024 report, which featured a notable sequential recovery after the company’s weak Q1. We judge that positives from the report include sales aligning with our expectations. Notable negatives include softer-than-expected profitability, mainly resulting from revenue mix leading to lower-than-expected gross margins. We expect stronger growth and profitability in H2 2024e.

Redeye provides its initial take on Surgical Science’s Q2 2024 report, which featured a notable sequential recovery after the company’s weak Q1. We judge that positives from the report include sales aligning with our expectations. Notable negatives include softer-than-expected profitability, mainly resulting from revenue mix leading to lower-than-expected gross margins. We expect stronger growth and profitability in H2 2024e.
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