NYSE$HAE

Haemonetics Corp. · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Haemonetics' Q4 2024 financial performance was strong, driven by revenue growth and margin expansion.

Haemonetics reported strong fourth quarter and fiscal year 2024 results, with revenue increasing by 13% to $343 million. The company advanced its market leadership through strategic investments and acquisitions, contributing to revenue growth and margin expansion.

  • Revenue increased by 13% to $343 million in the fourth quarter of fiscal 2024.
  • Organic revenue growth was 10% for the fourth quarter of fiscal 2024.
  • Adjusted earnings per diluted share increased by 16.9% to $0.90 in the fourth quarter of fiscal 2024.
  • The company is on track to deliver increased value to customers and shareholders.

Headline financials

Total Revenue

$343M

Previous: $304M+12.8%
EPS (adj)

$0.90

Previous: $0.77+16.9%
Capital Expenditures

-$254M

Previous: $11.9M-2227.2%
Free Cash Flow

$59M

Previous: $67.7M-12.8%
Net Income

$20.4M

Previous: $29.4M-30.6%
Operating Income

$29.9M

Previous: $35.3M-15.2%
Gross Profit

$176M

Previous: $156M+12.6%
R&D Expense

$15.9M

No prior period
Stock-Based Comp

$7.42M

Previous: $7.06M+5.1%

Revenue & EPS history

Haemonetics · Revenue · Quarterly

$343M

Q4 2024+12.8%vs Q4 2023
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 issued its fiscal 2025 GAAP total revenue and organic revenue growth guidance in its updated revenue reporting format.

Tailwinds

  • Total Company Reported Revenue Growth: 5-8%
  • Hospital Revenue Growth: 27-32%
  • Adjusted Operating Margin: 23-24%
  • Adjusted earnings per diluted share: $4.45 - $4.75
  • Free cash flow: $130M - $180M

Headwinds

  • Plasma Revenue Growth: (3-6)%
  • Blood Center Revenue Growth: (5-8)%
  • Currency Impact on Total Company Revenue: (0-1)%
  • Organic revenue growth: 0-3%
  • Currency impact on Blood Center Revenue: (0-1)%

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 Q4 2024

Historical avgQ4 2024

+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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