earnings
confidence high
sentiment positive
materiality 0.75
Integer Q2 2024 sales up 9% to $436M, GAAP EPS $0.88, adj. EPS $1.30; raises profit outlook
Integer Holdings Corp
2024-Q2 EPS reported
$1.47
revenue$851,007,000
- Sales $436M (+9% YoY, organic +5%); GAAP net income $31M (+30%); adj. net income $45M (+17%).
- GAAP diluted EPS $0.88 (+$0.17); non-GAAP adj. EPS $1.30 (+$0.16).
- Adjusted EBITDA $91M, +19% YoY.
- FY 2024 sales reaffirmed $1.735B-$1.770B (9%-11% growth); adj. op. income growth raised to 14%-21%.
- Cardio & Vascular +11%, Cardiac Rhythm & Neuromodulation +9%, Advanced Surgical +4%; Electrochem down.