NYSE$ITGR

Integer Holdings Corporation · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Integer Holdings Corporation reported strong sales and profit growth in Q4 2024.

Integer Holdings Corporation posted an 11% increase in revenue, reaching $449 million in Q4 2024. GAAP operating income grew by 31% to $57 million, while net income rose 23% to $33 million. Adjusted EPS increased slightly to $1.43 per share. The company expects 8-10% sales growth in 2025 with improving margins.

  • Revenue increased by 11% year-over-year, reaching $449 million.
  • GAAP operating income grew 31% to $57 million.
  • Net income rose 23% to $33 million.
  • Adjusted EPS increased slightly to $1.43 per share.

Headline financials

Total Revenue

$449M

Previous: $413M+8.7%
EPS (adj)

$1.43

Previous: $1.39+2.9%
Adjusted Operating Income

$76M

No prior period
Adjusted Net Income

$50.5M

No prior period
Adjusted EBITDA

$95.1M

No prior period
EBITDA

$81.4M

No prior period
Total Debt

$990M

No prior period
Leverage Ratio

3.0%

No prior period
Net Income

$33M

Previous: $26.4M+25.1%
Operating Income

$57M

Previous: $43.5M+31.1%
Gross Profit

$117M

Previous: $110M+5.9%

Revenue & EPS history

Integer · Revenue · Quarterly

$449M

Q4 2024+8.7%vs Q4 2023
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 Holdings expects 8% to 10% sales growth in 2025 with expanding margins.

Tailwinds

  • Sales expected to grow between 8% to 10% in 2025.
  • Adjusted operating income projected to grow between 11% to 16%.
  • Acquisition of Precision Coating and VSi Parylene to enhance capabilities.
  • Continued expansion in targeted growth markets.
  • New product launches expected to drive revenue growth.

Headwinds

  • Higher debt levels due to acquisitions.
  • Continued restructuring expenses impacting short-term profitability.
  • Potential impact of macroeconomic conditions on demand.
  • Regulatory compliance costs could affect margins.
  • Currency fluctuations may pose revenue risks.

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

-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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