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

Issuer:     Integer Holdings Corp (ITGR)
CIK:        0001114483
Form:       8-K
Filed at:   2023-01-30T23:59:59+00:00
Accession:  0001171843-23-000543
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.02, 7.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1114483/000117184323000543/0001171843-23-000543-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1114483/000117184323000543/f8k_013023.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-000543

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