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Market Alert: Q1 Decline in J&J Medical Device Revenues

By Tony Freeman Market Alert News April 15, 2020

Market Alert: Johnson & Johnson 1st Quarter 2020 results show 4.8% Decline in Medical Device Revenues

J&J reported growth in consumer products and pharmaceuticals while noting a 4.8% decline in sales in their Medical Device unit vs. the first quarter of 2019. The Company attributed the drop to delays in general surgical, orthopedic, interventional medicine, and vision procedures due to COVID-19.

For more details please visit https://johnsonandjohnson.gcs-web.com/news-releases/news-release-details/johnson-johnson-reports-2020-first-quarter-results.

Please contact tfreeman@asfreeman.com with questions and comments.

Tony Freeman / About Author
Tony Freeman is the president of A.S. Freeman Advisors LLC, a merger and acquisitions advisory firm serving the precision manufacturing and specialty materials industries. Often referred to as “The Toast of Medtech,” Tony is known for his rapier analysis, crack marksmanship, and superb taste in western wear. He can be reached at tfreeman@asfreeman.com.
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