secwatch.observer — SEC 8-K summary
======================================

Issuer:     Integer Holdings Corp (ITGR)
CIK:        0001114483
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001171843-22-005089
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Integer Q2 sales up 12% to $350M; GAAP net income falls 29%; raises FY2022 outlook
--------------------------------------------------------------------------------

- Q2 sales $350M (+12% YoY); GAAP net income $21M (-29%); Non-GAAP adj. net income $35M (-3%).
- GAAP diluted EPS $0.62; Non-GAAP adj. diluted EPS $1.04, both down YoY.
- Raises FY2022 sales outlook to $1.37-1.395B (12-14% growth); organic growth 6-8%.
- Cardio & Vascular sales +25%; Electrochem -1% on supplier shortages.
- Total debt $947M (+$119M) from Aran acquisition; leverage ratio 3.9x adjusted EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1114483/000117184322005089/0001171843-22-005089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1114483/000117184322005089/f8k_072822.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-005089

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer