Integer Holdings Corporation reported strong financial results for the second quarter of 2025, with sales increasing by 11% to $476 million, driven entirely by organic growth. The company's GAAP operating income rose by $5 million to $59 million, marking a 9% increase, while non-GAAP adjusted operating income saw a 15% rise, reaching $81 million. In terms of net income, GAAP income from continuing operations increased by $6 million to $37 million, representing a 19% growth. Non-GAAP adjusted net income grew by $10 million to $55 million, a 23% increase. The company's GAAP diluted earnings per share $(EPS)$ from continuing operations increased by $0.16 to $1.04, reflecting an 18% rise, and the non-GAAP adjusted EPS increased by $0.25 to $1.55, up by 19%. Additionally, adjusted EBITDA increased by $9 million to $99 million, which is a 10% rise. Integer Holdings also raised its full-year 2025 outlook, projecting adjusted operating income to be between $319 million and $331 million, which indicates a 12% to 16% increase. Adjusted diluted EPS for the full year is expected to range from $6.25 to $6.51, reflecting an 18% to 23% increase. The company noted an increase in total debt by $212 million to $1.202 billion, primarily to finance acquisitions and costs associated with the 2030 convertible note offering.
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