Baxter (NYSE:BAX) shares have risen today after the medical device company topped expectations on Wall Street with its 1st quarter earnings results.
The Deerfield, Ill.-based company posted profits of $272 million, or 50¢ per share, on sales of $2.48 billion for the 3 months ended March 31. The company saw its bottom line shrink 92% while sales grew 4.2% compared with the same period in 2016.
