Integer Holdings Corporation (NYSE:ITGR) Q3 2024 Earnings Call Transcript October 24, 2024 9:00 AM ET Company Participants Andrew Senn - SVP of Strategy, Business Development and IR Joe Dziedzic - President and CEO Diron Smith - EVP and CFO Conference Call Participants Brett Fishbin - KeyBanc Craig Bijou - Bank of America Rich Newitter - Truist Securities Joanne Wuensch - Citi Matthew O'Brien - Piper Sandler Kristen Stewart - CL King Suraj Kalia - Oppenheimer Operator Hello, and welcome to the Integer Holdi ...

Integer (ITGR) reported $431.42 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 6.6%. EPS of $1.43 for the same period compares to $1.27 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $443.19 million, representing a surprise of -2.66%. The company delivered an EPS surprise of +5.15%, with the consensus EPS estimate being $1.36.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...

Integer Holdings Corporation Third Quarter 2024 Earnings Conference Call October 24, 2024 Integer Holdings Corporation Third Quarter 2024 Earnings Conference Call 9 a.m. Eastern Time, October 24, 2024 Speakers: Joe Dziedzic President and Chief Executive Officer Diron Smith Executive Vice President, Chief Financial Officer Andrew Senn Senior Vice President, Strategy, Business Development & Investor Relations ITGR: 3Q24 Earnings Conference Call | October 24, 2024 | Page 2 A webcast of today's call can be acce ...

Integer (ITGR) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.15%. A quarter ago, it was expected that this medical device outsource manufacturer would post earnings of $1.24 per share when it actually produced earnings of $1.30, delivering a surprise of 4.84%.Over the last four qu ...

EXHIBIT 99.1 Integer Holdings Corporation Reports Third Quarter 2024 Results ~ Continued strong performance with 3Q24 financial results ~ ~ Raising midpoint of 2024 operating profit and EPS outlook ~ PLANO, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Integer Holdings Corporation (NYSE:ITGR) today announced results for the three and nine months ended September 27, 2024. Our previously announced sale of the Electrochem business for $50 million in cash remains on track and is expected to close later this month. E ...

Wall Street analysts expect Integer (ITGR) to post quarterly earnings of $1.36 per share in its upcoming report, which indicates a year-over-year increase of 7.1%. Revenues are expected to be $443.19 million, up 9.5% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a comp ...

Integer Holdings (ITGR) witnessed strong momentum year to date. Shares of the company have gained 30.5% against the 0.1% decline of the industry in the same time frame. The S&P 500 Composite has risen 19.6% during the same period. Image Source: Zacks Investment Research With healthy fundamentals and strong growth opportunities, this Zacks Rank #4 (Sell) company appears to be a solid wealth creator for its investors at the moment. Plano, TX-based Integer Holdings manufactures and develops medical devices and ...

PLANO, Texas, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Integer Holdings Corporation (NYSE: ITGR) ("Integer" or the "Company"), a leading medical device contract development and manufacturing organization, today notified holders of its 2.125% Convertible Senior Notes due 2028 (the "Notes") that the Notes are convertible, at the option of the holders (the "Conversion Option") beginning on October 1, 2024, and ending at the close of business on December 31, 2024. The Notes are convertible into cash, up to the princip ...

Integer Holdings Corporation (ITGR) recently announced that it has entered into an agreement to divest its Electrochem business, which focuses on non-medical applications for the energy, military and environmental sectors, to Ultralife Corporation (ULBI). Ultralife is likely to acquire Electrochem for $50 million in cash, subject to customary working capital adjustments. The transaction is expected to close by the end of October. Likely Trend of ITGR Stock Following the News Following the announcement, shar ...

Investors with an interest in Medical - Instruments stocks have likely encountered both Integer (ITGR) and Penumbra (PEN) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision tren ...