NYSE$HAE

Haemonetics Corp. · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Haemonetics' first quarter performance showcased the strength and breadth of its products, impacting attractive high-growth markets.

Haemonetics reported an 8% increase in revenue to $336 million for the first quarter of fiscal year 2025. The company reaffirmed its fiscal year 2025 guidance for revenue, adjusted operating margin, adjusted earnings per diluted share, and free cash flow.

  • First quarter fiscal 2025 revenue increased by 8.0% to $336.2 million compared to the same period last year.
  • Earnings per diluted share were reported at $0.74, while adjusted earnings per diluted share reached $1.02.
  • The company experienced cash outflow from operating activities of $27.4 million and a free cash outflow of $16.9 million.
  • Haemonetics reaffirmed its fiscal 2025 GAAP total revenue and organic revenue growth guidance.

Headline financials

Total Revenue

$336M

Previous: $311M+8.0%
EPS (adj)

$1.02

Previous: $1.05-2.9%
Capital Expenditures

-$5.66M

Previous: -$9.66M+41.5%
Free Cash Flow

$32.7M

Previous: $31.4M+4.3%
Net Income

$38.4M

Previous: $41M-6.5%
Operating Income

$39.8M

Previous: $53.7M-25.9%
Gross Profit

$175M

Previous: $167M+4.6%
Cash & Equivalents

$344M

Previous: $286M+20.5%
Total Assets

$2.54B

Previous: $1.96B+29.5%
R&D Expense

$14.5M

No prior period
Stock-Based Comp

$7.63M

Previous: $6.99M+9.1%

Revenue & EPS history

Haemonetics · Revenue · Quarterly

$336M

Q1 2025+8%vs Q1 2024
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Revenue by segment

Haemonetics · $313M total across 3 segments · Q2 2024

  • Plasma
    $142M+11.0%
  • Hospital
    $103M+13.5%
  • Blood Center
    $68.1M-7.6%

Forward guidance

The Company reaffirmed its previous fiscal 2025 GAAP total revenue and organic revenue growth guidance.

Tailwinds

  • Plasma revenue decline between 3-6%.
  • Blood Center revenue decline between 5-8%.
  • Hospital revenue growth between 27-32%.
  • Total company revenue growth between 5-8%.
  • Organic growth between 0-3%.

Headwinds

  • Currency impact of 0% to -1%.
  • Acquisitions to contribute 5-6%.
  • Adjusted operating margin between 23-24%.
  • Adjusted earnings per diluted share between $4.45 - $4.75.
  • Free cash flow between $130M - $180M.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.4%

Avg return

Earnings day

+4.1%

Avg return

5 days after

+6.5%

Avg return

30 days after

56%

38 / 68 earnings

Positive

+31.8%

Q2 2026

Best reaction

-15.0%

Q4 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+3.3%+2.5%+35.5%
Q3 2026-1.4%-9.8%-2.8%
Q2 2026+31.8%+41.4%+65.5%
Q4 2025+5.9%+7.6%+9.7%
Q3 2025-11.6%-13.6%-3.6%
Q2 2025+11.8%+19.5%+3.9%
Q1 2025-10.1%-13.4%-14.6%
Q4 2024+2.8%+4.4%-8.2%
Q3 2024-3.8%-7.0%+3.2%
Q2 2024+2.4%+2.5%-2.5%
Q1 2024+2.0%+3.0%-0.8%
Q4 2023+7.6%+7.4%+6.1%
Q3 2023-5.4%-8.2%-12.2%
Q2 2023+4.1%-1.7%+3.5%
Q1 2023+8.1%+12.3%+13.7%
Q4 2022+3.9%+14.1%+31.5%
Q3 2022+21.2%+24.5%+18.9%
Q2 2022-13.5%-15.7%-24.8%
Q1 2022+8.4%+1.8%+16.8%
Q4 2021-6.4%-5.4%+0.4%
Q3 2021+12.8%+21.1%+4.0%
Q2 2021-3.7%+5.6%+13.2%
Q1 2021-12.7%-8.5%+3.3%
Q4 2020-8.8%-3.4%-11.1%
Q3 2020+7.2%+7.7%-7.3%
Q2 2020+0.3%+0.5%-0.1%
Q1 2020+10.5%+13.5%+10.8%
Q4 2019+2.8%+3.4%+10.0%
Q3 2019-12.2%-14.3%-13.0%
Q2 2019+9.1%+5.8%-0.2%
Q1 2019+4.8%+2.7%+14.4%
Q4 2018+5.8%+11.2%+18.9%
Q3 2018+14.8%+13.1%+20.5%
Q2 2018+15.8%+16.4%+20.8%
Q1 2018+4.2%+3.2%+3.9%
Q4 2017-1.9%-4.4%-4.0%
Q3 2017-10.1%-9.0%-7.3%
Q2 2017+10.5%+13.8%+16.5%
Q1 2017+13.8%+16.8%+22.6%
Q4 2016-15.0%
Q3 2016+5.9%
Q2 2016-3.9%
Q1 2016+1.5%
Q4 2015-3.9%
Q3 2015+7.0%
Q2 2015-5.9%
Q1 2015-1.4%
Q4 2014-8.0%
Q3 2014-2.6%
Q2 2014+1.5%
Q1 2014+0.7%
Q4 2013-1.4%
Q3 2013-5.6%
Q2 2013+4.3%
Q1 2013-0.1%
Q4 2012+4.2%
Q3 2012-1.0%
Q2 2012+0.4%
Q1 2012+3.1%
Q4 2011+1.3%
Q4 2009+1.3%
Q3 2010-1.3%
Q3 2011-1.3%
Q2 2011+1.7%
Q1 2010-2.5%
Q2 2010-2.5%
Q1 2011-2.5%
Q4 2010-2.5%

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