---
schema_version: "secwatch.filing_event.v1"
accession: "0001872789-23-000024"
form_type: "8-K"
ticker: "EMBC"
cik: "0001872789"
company_name: "Embecta Corp."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:00:14.605358+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Embecta Q3 revenue $286.1M (-1.7%); raises FY2023 adj. EPS guidance to $2.75-$2.80

## Summary
- Q3 adjusted EPS $0.69 vs. $1.07 prior year; net income $15.2M, down from $62.4M.
- U.S. revenue $153.9M (-2.6%); international revenue $132.2M (-0.7% reported, +2.4% constant currency).
- FY2023 adj. EPS guidance raised to $2.75-$2.80 from $2.50-$2.60; revenue range narrowed to $1,107-$1,113M.
- Adjusted EBITDA margin guidance raised to ~33.5% from ~32.5%; adjusted gross margin ~66.0%.
- Board declared $0.15 quarterly dividend, payable Sept 13, 2023, record Aug 25.

## SEC filing metadata
- accession: 0001872789-23-000024
- form_type: 8-K
- ticker: EMBC
- cik: 0001872789
- company_name: Embecta Corp.
- filed_at: 2023-08-08T23:59:59+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/1872789/000187278923000024/0001872789-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872789/000187278923000024/embc-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001872789-23-000024
- JSON: https://secwatch.observer/filing/0001872789-23-000024.json
- Plain text: https://secwatch.observer/filing/0001872789-23-000024.txt

## Key facts
- Earnings Releases
  Embecta Corp. reported Nine months ended June 30, 2023 results: revenue $838.9 million, net income $64.4 million, EPS $1.12.
  - Period: Nine months ended June 30, 2023
  - Revenue: $838.9 million
  - Net income: $64.4 million
  - EPS: $1.12
  - Result: reported results
  source text: Nine Months Ended June 30 2023 Financial Highlights : • Revenues of $838.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872789/000187278923000024/0001872789-23-000024-index.htm
- Earnings Releases
  Embecta Corp. reported Third Quarter Fiscal 2023 results: revenue $286.1 million, net income $15.2 million, EPS $0.26. Guidance raised.
  - Period: Third Quarter Fiscal 2023
  - Revenue: $286.1 million
  - Net income: $15.2 million
  - EPS: $0.26
  - Guidance: raised
  - Result: reported results
  source text: results for the nine-month periods ended June 30, 2023 and June 30, 2022 are not meaningfully comparable. Third Quarter Fiscal Year 2023 Financial Highlights : • Revenues of $286.1 million, down 1.7% on a reported basis; down 0.3% on a constant currency basis ◦ U.S. revenues decreased 2.6% on both a reported and constant currency basis ◦ International revenues
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872789/000187278923000024/0001872789-23-000024-index.htm

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