Integer: Q2 Earnings Snapshot
PLANO, Texas (AP) — PLANO, Texas (AP) — Integer Holdings Corp. (ITGR) on Thursday reported second-quarter earnings of $31.2 million.
The Plano, Texas-based company said it had net income of 88 cents per share. Earnings, adjusted for amortization costs and restructuring costs, were $1.30 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The medical device outsource manufacturer posted revenue of $436.2 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $438.1 million.
Integer expects full-year earnings in the range of $5.07 to $5.49 per share, with revenue in the range of $1.74 billion to $1.77 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITGR at https://www.zacks.com/ap/ITGR