Teleflex Q1 Net Income Surges Despite Revenue Drop

Teleflex Inc. reported first quarter 2025 revenue of $700.7 million, marking a 5% year-over-year decline mainly due to reduced product sales and unfavorable currency effects. Net income surged to $95 million from $15.3 million the previous year, driven by improved operational performance and favorable tax adjustments. Adjusted earnings per share were $2.91, slightly beating some analyst estimates but missing others, and down from $3.21 a year ago. The company experienced mixed performance across regions and product segments, with OEM sales notably declining, and saw weakened operational margins and free cash flow. Teleflex’s stock has fallen about 24% over the past three months, reflecting negative analyst revisions and underperformance relative to the market. Long-term sales growth remains weak, with both two- and five-year growth rates under 3%.