---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004707"
form_type: "8-K"
ticker: "ITGR"
cik: "0001114483"
company_name: "Integer Holdings Corp"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-12T23:43:43.685060+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Integer Holdings Q2 sales up 14% to $400M, raises FY2023 outlook

## Summary
- GAAP diluted EPS $0.71 vs $0.62 prior year; adjusted EPS $1.14 vs $1.04.
- Sales growth driven by Cardio & Vascular (+15%), Cardiac Rhythm (+13%), Advanced Surgical (+17%).
- FY2023 sales outlook raised to 11-13% growth (midpoint 12%); adjusted operating income growth outlook raised to 17-21%.
- Total debt increased to $985M due to $500M convertible notes and $35M capped call; leverage ratio 3.5x.
- CEO cites improving supply chain and labor environment; strong customer demand across product lines.

## SEC filing metadata
- accession: 0001171843-23-004707
- form_type: 8-K
- ticker: ITGR
- cik: 0001114483
- company_name: Integer Holdings Corp
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114483/000117184323004707/0001171843-23-004707-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114483/000117184323004707/f8k_072623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004707
- JSON: https://secwatch.observer/filing/0001171843-23-004707.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004707.txt

## Key facts
- Earnings Releases
  Integer Holdings Corp reported the full year 2023 results: revenue $1,530 to $1,550, net income $83 to $89, EPS $2.45 to $2.65. Guidance raised.
  - Period: the full year 2023
  - Revenue: $1,530 to $1,550
  - Net income: $83 to $89
  - EPS: $2.45 to $2.65
  - Guidance: raised
  - Result: guidance update
  source text: in the energy market. 2023 Outlook (a) (dollars in millions, except per share amounts) GAAP Non-GAAP (b) As Reported Change from Prior Year Adjusted Change from Prior Year Sales $1,530 to $1,550 11% to 13% N/A N/A Operating income $152 to $160 25% to 32% $224 to $232 17% to 21% EBITDA N/A N/A $294 to $302 15% to 18% Net income $83 to $89 26% to 37% $143 to $149
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114483/000117184323004707/0001171843-23-004707-index.htm
- Earnings Releases
  Integer Holdings Corp reported the three months ended June 30, 2023 results: revenue $400 million, net income $24 million, EPS $0.71 per share.
  - Period: the three months ended June 30, 2023
  - Revenue: $400 million
  - Net income: $24 million
  - EPS: $0.71 per share
  - Result: reported results
  source text: Second Quarter 2023 Highlights (compared to Second Quarter 2022, except as noted) Sales increased 14% to $400 million, with organic growth of 14%. GAAP net income increased $3 million to $24 million, an increase of 15%. Non-GAAP adjusted net income increased $4 million to $38 million, an increase of 11%. GAAP operating income increased $9 million to $42 million, an increase of 27%. Non-GAAP adjusted operating income increased $10 million to $60 million, an increase of 20%. GAAP diluted EPS increased $0.09 per share to $0.71 per share. Non-GAAP adjusted EPS increased $0.10 per share to $1.14 per share. Adjusted EBITDA increased $10 million to $76 million, an increase of 16%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114483/000117184323004707/0001171843-23-004707-index.htm

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