---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-000543"
form_type: "8-K"
ticker: "ITGR"
cik: "0001114483"
company_name: "Integer Holdings Corp"
filed_at: "2023-01-30T23:59:59+00:00"
generated_at: "2026-06-20T06:25:06.600606+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Integer Q4 preliminary sales up 18-19%; launches $375M convertible notes offering

## Summary
- Preliminary Q4 sales $370-372M (+18-19% YoY); GAAP op income $36-37M (+25-29%).
- Full-year 2022 sales $1.374-1.376B (+13%); adjusted op income $191-192M (+2-3%).
- Launches $375M convertible notes due 2028 (+$56.25M option); proceeds to repay term B loan.
- Amends credit agreement to allow notes and capped calls; leverage ratio 3.5-3.6x.
- Exiting ~$40M Portable Medical sales over 4 years; retaining $30M in heart failure & cochlear.

## SEC filing metadata
- accession: 0001171843-23-000543
- form_type: 8-K
- ticker: ITGR
- cik: 0001114483
- company_name: Integer Holdings Corp
- filed_at: 2023-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114483/000117184323000543/0001171843-23-000543-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114483/000117184323000543/f8k_013023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-000543
- JSON: https://secwatch.observer/filing/0001171843-23-000543.json
- Plain text: https://secwatch.observer/filing/0001171843-23-000543.txt

## Key facts
- Debt Financings
  Integer Holdings Corp amended credit facility of up to $600,000,000.
  - Instrument: credit facility
  - Principal: up to $600,000,000
  - Event: amendment
  source text: On January 30, 2023, Integer Holdings Corporation (the “Company”) entered into a First Amendment (the “First Amendment”) to the Credit Agreement to, among other things: (i) permit the Company to issue the notes and incur indebtedness thereunder in an aggregate principal amount of up to $600,000,000 at any time outstanding;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114483/000117184323000543/0001171843-23-000543-index.htm
- Earnings Releases
  Integer Holdings Corp updated its year ending December 31, 2023 guidance (reaffirmed).
  - Period: year ending December 31, 2023
  - Guidance: reaffirmed
  - Result: guidance update
  source text: We confirm our 2023 revenue guidance previously communicated during our October 27, 2022 earnings call.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114483/000117184323000543/0001171843-23-000543-index.htm
- Earnings Releases
  Integer Holdings Corp reported three months ended December 31, 2022 results: revenue $370 to $372 million, net income $16 to $17 million, EPS $0.49 to $0.51.
  - Period: three months ended December 31, 2022
  - Revenue: $370 to $372 million
  - Net income: $16 to $17 million
  - EPS: $0.49 to $0.51
  - Result: preliminary results
  source text: Fourth quarter 2022 sales expected to be in the range of $370 to $372 million, an increase of 18% to 19%, with organic growth of 12% to 13%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114483/000117184323000543/0001171843-23-000543-index.htm
- Earnings Releases
  Integer Holdings Corp reported year ended December 31, 2022 results: revenue $1.374 to $1.376 billion, net income $64 to $65 million, EPS $1.93 to $1.96.
  - Period: year ended December 31, 2022
  - Revenue: $1.374 to $1.376 billion
  - Net income: $64 to $65 million
  - EPS: $1.93 to $1.96
  - Result: preliminary results
  source text: Full year 2022 sales expected to be in the range of $1.374 to $1.376 billion, an increase of 13%, with organic growth of 6%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114483/000117184323000543/0001171843-23-000543-index.htm
- Material Agreements
  Integer Holdings Corp amended First Amendment (effective 2023-01-30).
  - Action: amendment
  - Agreement: credit facility
  - Effective: 2023-01-30
  source text: On January 30, 2023, Integer Holdings Corporation (the “Company”) entered into a First Amendment (the “First Amendment”) to the Credit Agreement to, among other things: (i) permit the Company to issue the notes and incur indebtedness thereunder in an aggregate principal amount of up to $600,000,000 at any time outstanding; (ii) permit the Company to enter into bond hedge and capped call transactions; (iii) permit the Company to issue call options, warrants or purchase rights relating to the Company’s common stock; provided, in each case, that the terms of any such transaction are customary for transactions of such type (subject to our good faith determination).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114483/000117184323000543/0001171843-23-000543-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.