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IART — Integra LifeSciences Holdings News Story

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Integra LifeSciences Q2 revenue slightly beats, adjusted EPS tops estimates

Integra LifeSciences Q2 revenue slightly beats, adjusted EPS tops estimates


Overview

  • US medical technology firm's Q2 revenue rose 0.8%, a slight beat versus analyst expectations

  • Adjusted EPS for Q2 rose to $0.56, beating analyst expectations

  • Company reaffirmed full-year organic revenue growth and adjusted EPS guidance, lowered reported revenue outlook on FX


Outlook

  • Integra sees Q3 reported revenue between $410 mln and $425 mln

  • Company expects Q3 adjusted EPS of $0.53 to $0.61

  • Integra updates 2026 reported revenue guidance to $1.654 bln-$1.695 bln due to FX impact


Result Drivers

  • SPECIALTY SURGERY GROWTH - Revenue growth in Specialty Surgery was driven by higher sales in Neurosurgery (notably Certas Plus, Bactiseal and CUSA) and Instruments

  • TISSUE RECONSTRUCTION DECLINE - Tissue Reconstruction revenue fell due to a mid-single digit decline in wound reconstruction, with Integra Skin impacted by a tough prior-year comparison

  • SUPPLY RELIABILITY AND MANUFACTURING - Company cited improved supply reliability and initiation of production at its Braintree facility as supporting operational progress


Company press release: ID:nGNX3mrGHj


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Slight Beat*

$418.80 mln

$418.65 mln (10 Analysts)

Q2 Adjusted EPS

Beat

$0.56

$0.48 (10 Analysts)

Q2 EPS

$0.06

Q2 Adjusted Net Income

$43.70 mln

Q2 Adjusted EBITDA

$78.40 mln

*Applies to a deviation of less than 1%; not applicable for per-share numbers.


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell"

  • The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."

  • Wall Street's median 12-month price target for Integra Lifesciences Holdings Corp is $19.00, about 3.8% below its July 28 closing price of $19.76

  • The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 4 three months ago


Reuters Recommended Reads

  • July 27 - Boston Scientific unveils new restructuring plan, expects job cuts

  • July 28 - Philips falls 9% as weak orders, China concerns overshadow outlook hike

  • July 28 - IQVIA raises annual profit forecast on clinical research demand


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.)

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