Need Help?

Many Clinics Across The World Are Offering Limited Services At This Time    Find Out More

Cochlear profit grows amid rising demand for hearing aids

Cochlear Ltd., the world’s largest maker of bionic ears, on Tuesday reported a 16% rise in first-half profit as it expanded in emerging markets and people in developed countries with only one implant opted for a second to improve efficacy.

Net profit for the six months to Dec. 31 of 87.2 million Australian dollars ($88.6 million) was up from A$75.2 million in the previous corresponding period and beat the A$84.2 million average of four analysts’ forecasts compiled by Dow Jones …

You can read the original article in full on The Wall Street Journal (you’ll need to subscribe).