Integer's Q4 sales growth tops estimates on cardio, vascular segment growth

Reuters
Feb 19
Integer's Q4 sales growth tops estimates on cardio, vascular segment growth

Overview

  • Medical device maker's Q4 2025 sales rose 5%, beating analyst expectations

  • Adjusted EPS for Q4 2025 beat analyst expectations

  • Company repurchased 698,356 shares for $50 mln, plans accelerated share repurchase

Outlook

  • Integer maintains 2026 sales growth midpoint from October outlook

  • Integer anticipates 2026 adjusted EPS growth at high end of October outlook

  • Company expects 200bps above-market organic sales growth in 2027

Result Drivers

  • CARDIO & VASCULAR GROWTH - Sales increased 11% in Q4 2025, driven by acquisitions and strong demand in Neurovascular

  • NEUROMODULATION DECLINE - Cardiac Rhythm Management & Neuromodulation sales decreased 2% in Q4 2025, due to lower demand from select emerging customers

  • OTHER MARKETS DECLINE - Sales decreased 13% in Q4 2025, impacted by the exit from Portable Medical

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

Beat

$472 mln

$462.73 mln (9 Analysts)

Q4 Adjusted EPS

Beat

$1.76

$1.70 (8 Analysts)

Q4 EPS

$1.38

Q4 Adjusted Net Income

Slight Beat*

$62 mln

$61.81 mln (7 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."

  • Wall Street's median 12-month price target for Integer Holdings Corp is $87.00, about 0.6% above its February 18 closing price of $86.48

  • The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNXbfKTzX

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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