Teleflex Q3 revenue down 1.9% YoY; cuts FY 2022 GAAP & adjusted EPS guidance

TELEFLEX INC

2022-Q3 EPS reported $6.01 revenue$2,033,045,000

Q3 revenue $686.8M (-1.9% reported; +2.4% constant currency); GAAP EPS $2.16 vs $4.20 prior.
Adjusted diluted EPS $3.27, down from $3.51; full-year adjusted EPS guidance lowered to $12.80-$13.20 from $13.00-$13.40.
GAAP revenue growth guidance lowered to (0.75)% to 0.25%; constant currency growth maintained at 3.25%-4.25%.
Acquired Standard Bariatrics during Q3; expects revenue and margin accretion over time.
Americas revenue -2.9% reported, Asia +9.4%; supply chain challenges persist but logistics stabilizing.

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