Integer announced today that Joseph Dziedzic plans to retire as CEO and step down from the medtech contract manufacturing giant’s board later this year. Dziedzic plans to retire, effective Oct. 24, 2025. The company selected Payman Khales, its current COO, to take the corner office and join the board at that time. It expects Dziedzic […]
Integer Holdings
Integer stock is down on Q2 revenue miss
Integer Holdings stock is down today after the medtech contract manufacturing giant missed the Wall Street analyst consensus on its second-quarter revenue. ITGR shares were down more than 5% to $117.58 apiece by midday trading today; MassDevice‘s MedTech 100 Index was down slightly. Plano, Texas–based Integer earned $31.2 million, or 88¢ per share, off of […]
Integer stock sinks despite Q1 beat as full-year forecast disappoints
Integer stock declined by 10% today despite posting Street-beating first-quarter earnings. Investors were likely reacting to the medtech contract manufacturing giant’s full-year guidance, which was less than the analyst consensus. Plano, Texas–based Integer earned $20.5 million, or 59¢ per share, off of $414.8 million in sales for the quarter ended March 29, 2024. Compared to Q1 […]
Integer acquires Pulse Technologies for $140M
Medtech contract manufacturing giant Integer Holdings announced that it has bought Quakertown, Pennsylvania–based Pulse Technologies. The size of the deal was roughly $140 million. It closed on Jan. 5 and utilized borrowings under Integer’s existing revolving credit facility. Pulse Technologies is a privately-held medtech supplier focusing on complex micromachining of medical device components for high-growth […]
Integer scores a big Q3 earnings beat, closes tuck-in acquisition
Medtech contract manufacturing giant Integer saw its stock jump more than 14% in value today on Street-beating third-quarter earnings and upped guidance. Plano, Texas–based Integer also announced that it has spent $42 million to acquire certain assets of InNeuroCo to boost its neurovascular catheter capabilities. The deal, which closed Oct. 1, will add $5 million […]
Integer’s Q2 results blow past expectations
Medtech contract manufacturing giant Integer saw its stock rise more than 7% today on Street-busting second-quarter results. Plano, Texas–based Integer earned nearly $24 million, or 71¢ per share, off of $400 million in revenue for the quarter that ended June 30, 2023. The bottom line was up 15%, and the top line rose 14% compared […]
Integer stock down on Q4 prelims, convertible notes plans
Integer Holdings (NYSE: ITGR) stock is down — a day after the medtech contract manufacturing giant released preliminary fourth-quarter numbers. ITGR shares were down more than 7% to $65.30 apiece by midday today. MassDevice‘s MedTech 100 Index, which includes stocks of the world’s largest medical device companies, was up more than 9%. Plano, Texas–based Integer […]
Integer Q3 results mixed amid supply chain challenges
Integer Holdings (NYSE:ITGR) today reported third-quarter results that beat The Street on earnings but missed on revenue amid continued supply chain challenges. The Plano, Texas–based medtech contract manufacturing giant had already warned investors early this month. It reported that deteriorating delivery performance and missed commitments from three suppliers would impact Q3 sales by $15 million. […]
Integer misses on Q1, adjusts full-year outlook
Holdings (NYSE:ITGR) posted first-quarter results today that fell short of the consensus forecast on Wall Street and adjusted its outlook for the rest of the year to include its recent acquisition of Aran Biomedical. The Plano, Texas–based medical device contract manufacturing giant reported profits of $11 million, or $0.34 per diluted share, on sales of $311 […]
Integer buys Aran Biomedical for $131.1 million
Integer (NYSE:ITGR) announced today that it acquired Connemara Biomedical and its subsidiaries Aran Biomedical and Proxy Biomedical (collectively “Aran”). Aran offers development and manufacturing solutions for implantable medical devices, including proprietary medical textiles, high-precision biomaterial coverings and coatings, and advanced metal and polymer braiding. Get the full story at our sister site, Medical Design & Outsourcing.
Integer’s longtime board chair set for departure; replacement named
Bill Sanford will retire as chair of the Integer Holdings (NYSE: ITGR) board of directors at the end of the company’s annual shareholder meeting on May 18, the company said today. The Plano, Texas-based medical device outsource manufacturer said its board plans to appoint former AdvaMed CEO Pam Bailey as the next chair. Bailey has […]
