---
schema_version: "secwatch.filing_event.v1"
accession: "0001872789-24-000003"
form_type: "8-K"
ticker: "EMBC"
cik: "0001872789"
company_name: "Embecta Corp."
filed_at: "2024-02-09T23:59:59+00:00"
generated_at: "2026-06-06T04:58:47.816457+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Embecta Q1 revenue $277.3M, adj EPS $0.61; raises FY2024 guidance

## Summary
- Revenue $277.3M (+0.6% reported; -0.3% constant currency); U.S. revenue down 0.5%, international up 1.8%.
- GAAP net income $20.1M ($0.35 diluted EPS) vs. $35.2M ($0.61) prior year; adjusted EPS $0.61 vs. $0.96 prior.
- Raised FY2024 guidance: revenue $1,094-$1,116M (from $1,085-$1,105M); adj EPS $1.95-$2.15 (from $1.90-$2.10).
- Dividend of $0.15/share declared, payable March 15, 2024 to holders of record Feb 28, 2024.
- Filed 510(k) for open-loop patch pump with FDA; transitioned ~60% of revenue to own ERP system.

## SEC filing metadata
- accession: 0001872789-24-000003
- form_type: 8-K
- ticker: EMBC
- cik: 0001872789
- company_name: Embecta Corp.
- filed_at: 2024-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1872789/000187278924000003/0001872789-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872789/000187278924000003/embc-20240209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001872789-24-000003
- JSON: https://secwatch.observer/filing/0001872789-24-000003.json
- Plain text: https://secwatch.observer/filing/0001872789-24-000003.txt

## Key facts
- Earnings Releases
  Embecta Corp. reported the three month period ended December 31, 2023 (first quarter fiscal 2024) results: revenue $277.3 million, net income $20.1 million, EPS $0.35. Guidance raised.
  - Period: the three month period ended December 31, 2023 (first quarter fiscal 2024)
  - Revenue: $277.3 million
  - Net income: $20.1 million
  - EPS: $0.35
  - Guidance: raised
  - Result: reported results
  source text: for the remainder of the year, we are raising our guidance for certain key financial reporting metrics." First Quarter Fiscal Year 2024 Financial Highlights : • Revenues of $277.3 million, up 0.6% on a reported basis; down 0.3% on a constant currency basis ◦ U.S. revenues decreased 0.5% on both a reported and constant currency basis ◦ International revenues
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872789/000187278924000003/0001872789-24-000003-index.htm

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