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Tag Archives: bionic ear

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  2. Entries tagged with "bionic ear"

Cochlear sales boom as market share rises

Manufacturing NewsBy Peter RobertsFebruary 20, 2024

Hearing implant manufacturer Cochlear has reported a 20 percent jump in sales for the half year ended December, 2023 to $1.1 billion, driven by strong growth in cochlear implants and sound processor software upgrades. Cochlear implant units increase by 14 percent as the company consolidated market share gains and strong growth in developed and emerging…

Manufacturing news briefs – stories you might have missed

Manufacturing NewsBy Staff ReporterFebruary 8, 2024

Cochlear upgrades profit outlook on strong implant sales Hearing implant manufacturer Cochlear has upgraded earnings guidance following better than expected growth in revenue from bionic ear implant sales. The company told investors underlying net profit for FY24 was now expected to be between $385-400 million, a 26 to 31 percent increase on FY23. The upgrade…

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