Integer Q1 sales rise 0.5%, beat analyst estimates

Integer Holdings

30/04/2026 13:10

Overview

US medical device contract manufacturer's Q1 sales rose 0.5%, beating analyst expectations

Adjusted EPS for Q1 beat consensus; adjusted net income missed analyst estimates

Company initiated strategic review to consider sale, merger, or business combination

Outlook

Integer sees 2026 sales between $1.805 bln and $1.835 bln, down 3% to 1% from prior yr

Company expects 2026 adjusted EPS of $5.83 to $6.40, down 9% to flat from prior yr

Integer expects to return to 200bps above-market organic sales growth in 2027

Result Drivers

PRODUCT LAUNCH HEADWINDS - Co said Q1 results primarily reflected previously communicated headwinds associated with three new products

PORTABLE MEDICAL EXIT - Decline in Other Markets sales was mainly driven by a decrease in Portable Medical from the multi-year exit announced in 2022

CUSTOMER FORECASTS AND MARKET DYNAMICS - Co said recent customer forecast updates and market dynamics led to further risk adjustment of its outlook

Company press release: ID:nGNXZ6NjM

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$440 mln
$426.48 mln (9 Analysts)
Q1 Adjusted EPS
Beat
$1.20
$1.19 (8 Analysts)
Q1 EPS
$0.48
Q1 Adjusted Net Income
Miss
$41 mln
$42.99 mln (7 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."

Wall Street's median 12-month price target for Integer Holdings Corp is $93.50, about 11.7% above its April 29 closing price of $83.67

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)