(Reuters) -Shares of Smith & Nephew fell nearly 9% on Thursday after the British medical products maker missed analyst estimates for quarterly revenue due to weakness in its U.S. knee implants
Smith & Nephew Shares Plummet 9% Due to Weak U.S. Knee Implant Sales
(Reuters) -Shares of Smith & Nephew fell nearly 9% on Thursday after the British medical products maker missed analyst estimates for quarterly revenue due to weakness in its U.S. knee implants business.
The company reported quarterly revenue of $1.50 billion as compared to estimates of $1.51 billion, according to a company compiled poll.
(Reporting by Rishab Shaju in Bengaluru; Editing by Mrigank Dhaniwala)
