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 ...

Integer Holdings Corporation (ITGR) recently announced the completion of its facility expansions in Ireland. The expansions were marked with the official opening of Integer Holdings' new European medical device innovation and manufacturing center in Galway, Ireland, on Sept. 20. This announcement followed the official opening of an 80,000 sq. ft. expansion of Integer Holdings guidewire manufacturing facility in New Ross, County Wexford, Ireland, earlier in September. These expansion investments are likely t ...

Integer Holdings Corporation (ITGR) has been gaining from its research and product development activities. The optimism, led by a solid second-quarter 2024 performance and its solid foothold in the broader MedTech space, is expected to contribute further. However, healthcare industry regulations and dependence on third-party suppliers are setbacks. This Zacks Rank #3 (Hold) company's shares have risen 29.6% year to date compared with the industry's 9.3% rise and the S&P 500's 18.1% growth. The renowned medi ...

Group 1 - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2][8] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market over the next 30 days, based on value, growth, and momentum characteristics [2][3][4] Group 2 - Each stock is rated from A to F, with A indicating the highest potential for outperformance, and the Style Scores are categorized into Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5] - The Value Score focuses on identifying undervalued stocks using financial ratios, while the Growth Score emphasizes a company's financial health and future growth potential [3][4] - The Momentum Score assesses stocks based on price trends and earnings estimate changes, helping investors identify favorable buying opportunities [4][9] Group 3 - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [6][7] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize upside potential [9][10] Group 4 - Integer Holdings Corporation (ITGR) is highlighted as a stock to watch, currently rated 3 (Hold) with a VGM Score of A and a Momentum Style Score of B, having increased by 7.8% over the past four weeks [11][12] - ITGR's earnings estimate for fiscal 2024 has been revised upwards by five analysts, with the consensus estimate rising by $0.04 to $5.31 per share, and it has an average earnings surprise of 7.8% [12]