Boston Scientific told the SEC on September 8 that it is unlikely to meet its third quarter and full year sales and earnings guidance because of the cyberattack that hit its systems in late August. The July guidance called for 5.5% to 6.5% sales growth and adjusted EPS of $3.22 to $3.28. Shares fell more than 4% to $45.73 that morning.
The intrusion disrupted manufacturing, order processing and shipping. The company said distribution centers are now running at or above normal levels and that it expects to recover some of the lost revenue as backlogs clear. A new outlook comes on the October 28 earnings call.
Boston Scientific restored shipping on September 4 and pulled its guidance four days later. Systems recovery and revenue recovery run on separate clocks, which is the distinction a hospital customer or an acquirer will press a smaller supplier on after any incident.
Questions & Answers
How is the Boston Scientific cyberattack affecting its 2026 financial guidance?
Boston Scientific said in a September 8, 2026 SEC filing that it is unlikely to meet its third quarter and full year 2026 sales growth and adjusted earnings per share guidance. The July guidance had called for 5.5% to 6.5% sales growth and adjusted EPS of $3.22 to $3.28.
When did the Boston Scientific cyberattack happen and what did it disrupt?
The cyberattack hit Boston Scientific in late August 2026 and disrupted manufacturing, order processing and shipping. The company began restoring shipping on September 4, 2026 and says its distribution centers are now processing at or above normal levels.
When will Boston Scientific give an updated outlook after the cyberattack?
Boston Scientific said it will provide an updated financial outlook on its earnings call scheduled for October 28, 2026.