Cochlear shares hit three-year low on new implant delays
5 Articles
5 Articles
Cochlear (ASX:COH) Down 16% on a Softer Half, What the Market Is Really Pricing
Cochlear had a softer start to its half yearly result, with sales of A$1.1 billion down around 1%. The bigger issue for investors was underlying net profit, which appears to have been the key driver behind the 16% drawdown and the broader selling pressure. Net cash remained solid at A$173 million, although it was down…
Shares in world-leading hearing implant firm hit a low
Cochlear shares have dropped to a three-year low after the hearing implant company delivered weaker-than-expected earnings after its next-generation implant took longer to roll out than anticipated. Cochlear’s statutory net profit for the half-year to December 31 was down 21 per cent to $161.5 million. Net profit excluding one-off items fell 10 per cent to $194.8 million, beneath consensus expectations of $202 million in underlying profit. Cochl…
Cochlear Reports Interim Results: Sales Revenue Up, Net Profit Declines
Cochlear Limited (ASX: COH), a global leader in implantable hearing solutions, today announced its financial results for the half-year ended 31 December 2025. Cochlear provides a range of hearing solutions, including cochlear implants and acoustic implants. The company’s sales revenue saw a modest increase of 1% to $1,176.0 million, up from $1,169.9 million in the prior corresponding period. However, the statutory net profit for the period attri…
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