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
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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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