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Sep 29, 2023
Integer Q3 2023 Earnings Report
Integer Holdings Corporation reported strong third quarter financial results and increased full year outlook.
Key Takeaways
Integer Holdings Corporation reported a strong third quarter with organic sales up 18% and adjusted operating income growth of 39%. The company is increasing its full year sales outlook to 15% growth and adjusted operating income outlook to 25% growth at the midpoint. They also acquired InNeuroCo to strengthen neurovascular catheter capabilities.
Integer delivered a strong quarter with organic sales up 18%.
Adjusted operating income growth was 39%, more than twice the sales growth rate.
The company is increasing its full year sales outlook to 15% growth at the midpoint.
The company is raising its adjusted operating income outlook to 25% growth at midpoint.
Forward Guidance
Integer is increasing its full year sales outlook to 15% growth at the midpoint and raising its adjusted operating income outlook to 25% growth at midpoint.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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