Integer Q3 sales +18% to $405M, raises full-year outlook; acquires InNeuroCo for $42M

Integer Holdings Corp

2023-Q3 EPS reported $1.91 revenue$1,183,522,000

Sales $405M (+18% organic); GAAP EPS $0.81, adjusted EPS $1.27.
Adjusted EBITDA $81M (+28%); raised FY2023 sales outlook to $1,575-1,595M (+14-16%).
Acquired InNeuroCo assets for $42M (plus contingent consideration) on Oct 1; expects immediate EPS accretion.
Full-year adjusted EPS outlook raised to $4.47-$4.67 (15-20% growth).

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Integer Holdings Corp reported the three months ended September 29, 2023 results: revenue $405 million, net income $27 million, EPS $0.81 per share. Guidance raised.

Period: the three months ended September 29, 2023
Revenue: $405 million
Net income: $27 million
EPS: $0.81 per share
Guidance: raised
Result: reported results

Exact text from the filing

today announced results for the three months ended September 29, 2023. Third Quarter 2023 Highlights (compared to Third Quarter 2022, except as noted) Sales increased 18% to $405 million, with organic growth of 18%. GAAP net income increased $11 million to $27 million, an increase of 70%. Non-GAAP adjusted net income increased $11 million to $43 million, an

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Source: SEC EDGAR

accession 0001171843-23-006435

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