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Recap: Integer Holdings Q2 Earnings

  Integer Holdings (NYSE:ITGR) reported its Q2 earnings results on Thursday, July 28, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 08:46

 

Integer Holdings (NYSE:ITGR) reported its Q2 earnings results on Thursday, July 28, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Integer Holdings beat estimated earnings by 8.33%, reporting an EPS of $1.04 versus an estimate of $0.96.

Revenue was up $38.06 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 5.03% drop in the share price the next day.

Here's a look at Integer Holdings's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.85 0.86 0.84 0.91
EPS Actual 0.78 0.99 1.05 1.07
Revenue Estimate 314.57M 307.70M 303.23M 294.17M
Revenue Actual 310.91M 313.01M 305.57M 312.02M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Integer Holdings management provided guidance for FY 2022, expecting earnings between $4.2 and $4.5 per share.

To track all earnings releases for Integer Holdings VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.