Smith & Nephew Fiscal Q2 Revenue Rises; Full-Year Sales Outlook Cut -- Shares Down Pre-Bell

MT Newswires Live08-04

Smith & Nephew (SNN) reported fiscal Q2 revenue Tuesday of $1.6 billion, up from $1.55 billion a year earlier.

Three analysts polled by FactSet expected $1.63 billion.

The company now expects fiscal 2026 revenue growth of about 4%, down from its previous growth forecast of around 6%.

Smith & Nephew shares were down 6.1% in premarket activity.

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