NYSE$ITGR

Integer Holdings Corporation · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Integer Q3 2022 sales and profit results were in line with preliminary view.

Integer Holdings Corporation reported third quarter 2022 results, with sales and profit results in line with preliminary expectations. The company is intensifying supply chain management to meet strong customer demand and expects above-market revenue growth of 7% to 9% in 2023 with margin expansion.

  • Integer's third quarter 2022 sales and profit results were in line with the preliminary view shared on October 5, 2022.
  • The company is intensifying supply chain management to meet strong customer demand in a challenging supply chain environment.
  • Integer expects the 2022 sales impact from supplier delivery delays to primarily be recovered in 2023.
  • In 2023, the company expects above-market revenue growth of 7% to 9% with margin expansion.

Headline financials

Total Revenue

$343M

Previous: $306M+12.1%
EPS (adj)

$0.95

Previous: $1.05-9.5%
Capital Expenditures

-$43.1M

Previous: -$29.7M-45.1%
Free Cash Flow

-$27M

Previous: -$7.65M-253.7%
Net Income

$16.1M

Previous: $22.1M-27.2%
Operating Income

$29.3M

Previous: $33.1M-11.6%
Gross Profit

$86.7M

Previous: $81.9M+5.9%
Cash & Equivalents

$20.2M

Previous: $25.5M-20.7%
Total Assets

$2.74B

Previous: $2.35B+16.6%
Stock-Based Comp

$5.02M

Previous: $3.28M+53.0%

Revenue & EPS history

Integer · Revenue · Quarterly

$343M

Q3 2022+12.1%vs Q3 2021
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Integer · $266M total across 2 segments · Q1 2023

  • Cardio & Vascular
    $149M
  • Cardiac Rhythm Management & Neuromodulation
    $117M

Forward guidance

Integer expects above-market revenue growth of 7% to 9% in 2023 with margin expansion.

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 Q3 2022

Historical avgQ3 2022

-0.5%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+2.4%

Avg return

30 days after

41%

25 / 61 earnings

Positive

+16.4%

Q3 2016

Best reaction

-33.2%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%+2.6%+6.8%
Q4 2025-3.4%+0.7%-2.8%
Q3 2025-33.2%-37.7%-35.8%
Q1 2025+0.8%+5.3%-1.8%
Q4 2024-5.6%-10.8%-19.6%
Q3 2024-0.6%+2.8%+9.2%
Q2 2024-6.2%-2.5%+1.7%
Q1 2024-11.1%-9.4%-0.5%
Q4 2023-5.4%-4.5%+8.3%
Q3 2023+13.6%+16.9%+29.0%
Q2 2023+5.5%+6.5%-5.4%
Q1 2023+1.3%+0.3%-1.2%
Q4 2022+6.0%+2.4%+1.4%
Q3 2022+4.2%+6.4%+20.0%
Q2 2022-0.5%-0.3%-5.2%
Q1 2022-5.1%-1.6%+1.7%
Q4 2021-2.2%-5.5%-7.2%
Q3 2021-1.6%-2.1%-9.0%
Q2 2021-0.9%-3.2%-0.5%
Q1 2021-2.1%-2.6%-5.7%
Q4 2020+9.6%+9.3%+15.5%
Q3 2020-4.1%-4.6%+19.3%
Q2 2020-6.0%-9.3%-0.1%
Q1 2020+6.3%+2.3%+19.0%
Q4 2019+4.9%+1.0%-45.2%
Q3 2019-1.1%-1.1%-2.3%
Q2 2019-3.7%-7.8%-17.3%
Q1 2019+10.7%+11.7%+3.5%
Q4 2018+0.7%+3.0%-1.3%
Q3 2018+13.1%+18.0%+18.9%
Q2 2018-0.9%+0.5%+11.9%
Q1 2018+13.0%+16.8%+17.6%
Q4 2017+16.0%+13.9%+24.6%
Q3 2017-2.7%-4.1%-2.2%
Q2 2017+2.7%+2.0%+0.4%
Q1 2017+2.5%+12.3%+13.9%
Q4 2016-0.7%+2.9%+7.0%
Q3 2016+16.4%+15.8%+51.9%
Q2 2016-30.4%-29.7%-26.5%
Q1 2016-10.4%
Q4 2015-14.3%
Q3 2015+6.4%
Q2 2015+4.0%
Q1 2015-3.5%
Q4 2014+1.0%
Q1 2014-4.0%
Q3 2014+6.8%
Q2 2014+2.9%
Q1 2013-5.1%
Q4 2012+0.1%
Q3 2012-0.5%
Q2 2012+1.3%
Q1 2011-1.4%
Q1 2012+0.6%
Q4 2011-2.8%
Q1 2010-2.8%
Q3 2010-3.6%
Q3 2011-3.6%
Q2 2011-0.8%
Q2 2010-0.8%
Q4 2010-0.8%

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