October 24, 2018 / 10:37 AM / 22 days ago

Boston Scientific posts 53 percent jump in third-quarter profit

Oct 24 (Reuters) - Medical device maker Boston Scientific Corp posted a 52.7 percent jump in quarterly profit on Wednesday, helped by higher sales in its cardiovascular business, which makes stents and heart valves.

The company's net income rose to $432 million, or 31 cents per share, in the third quarter ended Sept. 30 from $283 million, or 20 cents per share, a year earlier.

Net sales rose 7.7 percent to $2.39 billion. (Reporting by Saumya Sibi Joseph in Bengaluru; Editing by Maju Samuel)

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