Embecta posts Q1 net income of USD 44.1 million

Reuters
Feb 05
Embecta posts Q1 net income of USD 44.1 million

Embecta Corporation (Nasdaq: EMBC) reported its financial results for the first quarter (Q1) of fiscal year 2026, covering the three months ended December 31, 2025. The company posted revenues of USD 261.2 million for the period. Gross profit for the quarter was USD 161.7 million. Operating income for Q1 FY2026 reached USD 83.3 million. Net income for the quarter was USD 44.1 million. Basic earnings per share stood at USD 0.75, while diluted earnings per share were USD 0.74. The company reported cash and equivalents of USD 201.3 million as of December 31, 2025. Embecta’s President and Chief Executive Officer, Devdatt Kurdikar, stated that the quarter’s results were largely consistent with expectations. He highlighted the company’s continued focus on transforming into a broad-based medical supplies company serving chronic care patients and drug delivery partners. Key initiatives include expanding the product portfolio, maintaining global leadership in core injection products, and enhancing financial flexibility through ongoing debt reduction. A dividend is scheduled to be paid on March 17, 2026, to stockholders of record as of February 27, 2026.

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