Core Viewpoint - Integer Holdings Corp. has experienced a significant decline in stock performance, reaching an all-time low due to lowered sales outlook for 2025 and anticipated operational challenges impacting margins in the coming years [1][3]. Financial Performance - The stock price fell to a 52-week low of $66.5 during intra-day trading, ultimately closing down 32.28% at $73.89 [2]. - For the third quarter, Integer reported a net income increase of 11.96%, amounting to $39.68 million compared to $35.44 million in the same period last year, with sales growing by 8.4% to $467.7 million from $431.4 million year-on-year [6]. Revised Outlook - The company now expects full-year 2025 sales growth to be between 7% and 8%, a decrease from the previous target of 8% to 9% [3]. - Operating income projections have been revised to $220 million to $226 million, reflecting a growth of 6% to 9% year-on-year, down from the earlier forecast of $232 million to $244 million, which represented an 11% to 17% growth [3]. - For 2026, sales are expected to either decline or grow by 2%, with organic sales anticipated to remain unchanged or increase by 4% [4]. Management Commentary - The President and CEO of Integer Holdings Corp. expressed confidence in the company's strategy and product development pipeline, projecting a return to 200 basis points above-market organic growth by 2027 despite current headwinds [5].
Integer Holdings (ITGR) Drops to All-Time Low as Headwinds Dent 2025, 2026 Outlook