Teleflex Reports Q4 2023 Revenue of $773.9M, Full Year Revenue $2,974.5M; Provides 2024 Guidance

TELEFLEX INC

2023-FY EPS reported $7.53 revenue$2,974,489,000

Q4 GAAP diluted EPS from continuing operations was $0.66, down from $1.65 in prior year; adjusted EPS was $3.38 vs $3.52.
Full year constant currency revenue growth of 6.5% driven by Asia (+17.6%) and OEM (+18.9%) segments.
2024 adjusted diluted EPS guidance range of $13.55 to $13.95, representing 0.2% to 3.2% year-over-year growth.
Cash and cash equivalents at Dec 31, 2023 were $222.8 million, down from $292.0 million a year earlier.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TELEFLEX INC updated its the quarter and year ended December 31, 2023 guidance (initiated).

Period: the quarter and year ended December 31, 2023
Guidance: initiated
Result: reported results

Exact text from the filing

Teleflex Incorporated (the "Company") issued a press release (the "Press Release") announcing its financial results for the quarter and year ended December 31, 2023.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TELEFLEX INC updated its full year 2024 guidance (initiated).

Period: full year 2024
Guidance: initiated
Result: guidance update

Exact text from the filing

On a GAAP basis, the Company expects full year 2024 revenue growth of 3.60% to 4.60%, reflecting our estimate of an approximately 0.15% negative impact of foreign exchange rate fluctuations.

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Source: SEC EDGAR

accession 0000096943-24-000027

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