Teleflex Q1: revenue $710.9M (+13.2% cc), adj. EPS $3.09; FY revenue guidance raised to 5.00-6.25% cc

TELEFLEX INC

2023-Q1 EPS reported $1.62 revenue$710,932,000

Revenue $710.9M, up 10.8% reported (+13.2% constant currency); growth across all global product categories.
GAAP diluted EPS $1.63 (flat YoY); adjusted diluted EPS $3.09, up from $2.88 in prior year.
Full-year 2023 GAAP revenue growth guidance raised to 4.65%-5.90%; constant currency growth raised to 5.00%-6.25%.
Full-year GAAP EPS guidance lowered to $8.14-$8.74; adjusted EPS guidance reiterated at $13.00-$13.60.
Cash and equivalents $264.1M; inventories $614.1M; strong start to 2023.

item 2.02 item 7.01 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TELEFLEX INC reported first quarter ended April 2, 2023 results: revenue $710.9 million, EPS GAAP diluted EPS from continuing operations of $1.63.

Period: first quarter ended April 2, 2023
Revenue: $710.9 million
EPS: GAAP diluted EPS from continuing operations of $1.63
Result: reported results

Exact text from the filing

announced financial results for the first quarter ended April 2, 2023 . First quarter financial summary • Revenues of $710.9 million, inclusive of five extra shipping days year-over-year, up 10.8% compared to the prior year period; up 13.2% on a constant currency basis • GAAP diluted EPS from continuing operations of $1.63, compared to $1.63 in the prior year period • Adjusted diluted EPS from continuing operations of $3.09, compared to $2.88 in the prior year period

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Source: SEC EDGAR

accession 0000096943-23-000047

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