earnings
confidence high
sentiment neutral
materiality 0.50
ICU Medical reports Q3 revenue down 7.5% to $553.3M; GAAP EPS $0.30 vs loss, adjusted EPS $1.57
ICU MEDICAL INC/DE
2023-Q3 EPS reported
-$0.52
revenue$1,671,270,000
- Revenue $553.3M vs $597.9M YoY (-7.5%), GAAP net income $7.2M ($0.30 diluted) vs loss of $13.2M.
- Adjusted diluted EPS $1.57 vs $1.75 YoY; adjusted EBITDA $89.8M vs $92.6M.
- GAAP gross margin improved to 33% from 31% in Q3 2022.
- No forward guidance provided in the release.