Investing.com - Trinity reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Trinity announced earnings per share of $0.212 on revenue of $25.84M. Analysts polled by Investing.com anticipated EPS of $0.07 on revenue of $24M.
Trinity shares are down 25.98% from the beginning of the year, still down 58.53% from its 52 week high of $6.80 set on February 10. They are under-performing the Nasdaq which is up 18.82% from the start of the year.
Trinity shares gained 11.90% in intra-day trade following the report.
Trinity follows other major Healthcare sector earnings this month
Trinity's report follows an earnings beat by Medtronic on August 24, who reported EPS of $1.41 on revenue of $7.99B, compared to forecasts EPS of $1.32 on revenue of $7.87B.
FUJIFILM Holdings Corp had beat expectations on August 13 with first quarter EPS of $1.31 on revenue of $5.34B, compared to forecast for EPS of $0.5928 on revenue of $5.04B.
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