earnings
confidence high
sentiment negative
materiality 0.75
Embecta Q2 revenue $274.5M (-3.4% reported); guides H2 FY22 revenue ~$555M (-7% YoY)
Embecta Corp.
2022-Q2 EPS reported
$3.09
revenue$563,800,000
- Revenue $274.5M, down 3.4% reported (-1.3% constant currency); US -5.8%, international +3.6% constant currency.
- Net income $79.6M ($1.38 diluted EPS) vs $107.9M ($1.87) in prior-year quarter.
- Adjusted EBITDA margin 42.6% vs 49.8% as supply chain disruptions and inflation pressured results.
- H2 FY22 guidance: revenue ~$555M (-7% reported / -3.5% constant currency); non-GAAP gross margin low-60%s; adj. EBITDA margin low-30%s.