---
schema_version: "secwatch.filing_event.v1"
accession: "0001872789-23-000011"
form_type: "8-K"
ticker: "EMBC"
cik: "0001872789"
company_name: "Embecta Corp."
filed_at: "2023-05-12T23:59:59+00:00"
generated_at: "2026-06-15T02:51:51.491485+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Embecta beats Q2 with $277M revenue (+4% CC); raises FY2023 adj EPS guidance to $2.50-$2.60

## Summary
- Q2 revenue $277.1M, +4.0% constant currency; US +3.6%, international +4.4% constant currency.
- Adjusted EPS $0.75, adjusted operating margin 30.6%, adjusted EBITDA margin 34.9%.
- FY2023 guidance raised: revenue $1,101-1,113M (prev $1,084-1,107M), constant currency growth 0-1%.
- Adjusted EPS guidance raised to $2.50-2.60 from $2.20-2.35; adj gross margin ~64.5%, adj op margin ~28%.
- Declared $0.15/share quarterly dividend; advancing insulin patch pump via Tidepool collaboration for type 2 closed-loop.

## SEC filing metadata
- accession: 0001872789-23-000011
- form_type: 8-K
- ticker: EMBC
- cik: 0001872789
- company_name: Embecta Corp.
- filed_at: 2023-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1872789/000187278923000011/0001872789-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872789/000187278923000011/embc-20230512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001872789-23-000011
- JSON: https://secwatch.observer/filing/0001872789-23-000011.json
- Plain text: https://secwatch.observer/filing/0001872789-23-000011.txt

## Key facts
- Earnings Releases
  Embecta Corp. reported second quarter fiscal 2023 results: revenue $277.1 million, net income $14.0 million, EPS $0.24. Guidance raised.
  - Period: second quarter fiscal 2023
  - Revenue: $277.1 million
  - Net income: $14.0 million
  - EPS: $0.24
  - Guidance: raised
  - Result: reported results
  source text: for the three and six-month periods ended March 31, 2023 and March 31, 2022 are not meaningfully comparable. Second Quarter Fiscal Year 2023 Financial Highlights : • Revenues of $277.1 million, up 0.9% on a reported basis; up 4.0% on a constant currency basis ◦ U.S. revenues increased 3.6% on both a reported and constant currency basis ◦ International revenues
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872789/000187278923000011/0001872789-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.