earnings
confidence high
sentiment positive
materiality 0.75
Integer Q1 sales +7% to $437M, adjusted EPS $1.31; raises 2025 adjusted EPS outlook
Integer Holdings Corp
2025-Q1 EPS reported
-$0.66
revenue$437,392,000
- Sales $437M (+7% YoY), organic +6%; Cardio & Vascular +17%, Cardiac Rhythm Management & Neuromodulation +2%.
- Non-GAAP adjusted net income $46M (+19%), adjusted EPS $1.31 (up $0.17).
- GAAP net loss $22M from debt conversion inducement expense on $1.0B 1.875% convertible notes due 2030.
- Closed $1.0B convertible note offering; total debt $1.235B, leverage ratio 3.3x adjusted EBITDA.
- 2025 outlook: sales $1.846-1.880B (8-10% growth); adjusted EPS $6.15-6.51 (16-23% growth, raised).