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Boston Scientific (BSX) Stock Rises After Q2 Revenue Beat

NEW YORK (TheStreet) -- Shares of Boston Scientific (BSX) are increasing 3.85% to $24.57 this morning after the medical device maker reported better-than-expected second quarter revenue before today's market open.

Boston Scientific posted in-line earnings of 27 cents per share. Revenue rose 16% year-over-year to $2.13 billion, surpassing analysts estimated $2.05 billion.

Last year, the company reported earnings of 22 cents per share on revenue of $1.84 billion for the second quarter.

Boston Scientific raised its full-year revenue guidance to be in the range of $8.270 billion to $8.370 billion, compared to its prior...