earnings
confidence high
sentiment positive
materiality 0.75
Integer Q4 sales $413M (+11%), adj EPS $1.39; 2023 sales $1.6B (+16%); 2024 guidance 9-11% growth
Integer Holdings Corp
2023-FY EPS reported
$2.69
revenue$1,596,673,000
- Q4 sales $413M (+11% YoY), GAAP income $26M (+54%), adj EPS $1.39, adj EBITDA $86M.
- Full-year 2023: sales $1.597B (+16%), adj EPS $4.67, adj EBITDA $309M (+21%).
- C&V segment sales +20% in Q4 and full year; Electrochem sales -42% in Q4 on normalized run-rate.
- Acquired Pulse Technologies for ~$140M (Jan 2024); 2023 sales $42.5M, adj EBITDA $11M, expected accretive.
- 2024 guidance: sales $1.735-1.770B (+9-11%), adj operating income +13-20%, adj EPS $5.01-$5.43.