Brief: Integra Lifesciences Initiated Voluntary Global Recall Of All Products Made In Boston Facility Distributed Between March 1, 2018 And May 22

Integra LifeSciences Holdings

23/05/2023 11:46

May 23 (Reuters) - Integra Lifesciences Holdings Corp
 IART.O :
    * INTEGRA LIFESCIENCES-INITIATED VOLUNTARY GLOBAL RECALL OF
ALL
PRODUCTS MADE IN BOSTON FACILITY DISTRIBUTED BETWEEN MARCH 1,
2018 AND MAY 22
    * INTEGRA LIFESCIENCES -  CO CONCLUDED ON MAY 22 IT EXPECTS
WILL
INCUR IMPAIRMENT CHARGE RELATED TO WRITE-OFF OF INVENTORIES,
NET, OF ABOUT $22 MILLION
    * INTEGRA LIFESCIENCES HOLDINGS CORP - EXPECTS IMPAIRMENT
CHARGE
WILL BE RECORDED IN QUARTER ENDING JUNE 30, 2023
    * INTEGRA LIFESCIENCES HOLDINGS CORP-  FOR Q2, CO SEES
REPORTED
REVENUES IN THE RANGE OF $372 MILLION TO $376 MILLION
    * INTEGRA LIFESCIENCES - SEES FY REVENUE, ADJUSTED EPS FOR
APRIL
EARNINGS WOULD BE NEGATIVELY AFFECTED BY ABOUT $60 MILLION &
$0.35, RESPECTIVELY
    * INTEGRA LIFESCIENCES HOLDINGS CORP-  FOR Q2, ADJUSTED. EPS
TO BE
IN THE RANGE OF $0.55 TO $0.59

Source text: [ID:http://ml6.in/ykJiU]
Further company coverage:  IART.O 

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