
Business UpdateJun 5, 2026, 06:36 AM
Haemonetics Restructures Financial Reporting to Two Segments
AI Summary
Haemonetics Corporation announced a change to its financial reporting segment structure, effective with the first quarter of fiscal year 2027. The company will transition from three to two reportable segments, combining the Plasma and Blood Center segments into a new 'Apheresis' segment and renaming the Hospital segment to 'MedSurg'. This restructuring aims to better align external financial reporting with how the company manages its business and allocates resources. A supplemental presentation with recast historical financial data and fiscal year 2027 guidance has been posted for comparability.
Key Highlights
- Haemonetics transitions from three to two reportable segments.
- Plasma and Blood Center segments combined into a new 'Apheresis' segment.
- The Hospital segment has been renamed 'MedSurg'.
- New segment structure is effective beginning with Q1 fiscal year 2027.
- Supplemental presentation with recast historical data (FY2024-FY2026) provided.
- Recast of previously issued fiscal year 2027 guidance also provided.
- Company is not reaffirming or updating its fiscal year 2027 guidance.
Price Impact
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