Integer: 4Q Earnings Snapshot
PLANO, Texas (AP) _ Integer Holdings Corp. (ITGR) on Thursday reported fourth-quarter profit of $15.4 million.
The Plano, Texas-based company said it had profit of 47 cents per share. Earnings, adjusted for non-recurring costs, came to 71 cents per share.
The medical device outsource manufacturer posted revenue of $269 million in the period.
For the year, the company reported profit of $77.3 million, or $2.33 per share. Revenue was reported as $1.07 billion.
For the current quarter ending in April, Integer said it expects revenue in the range of $280 million to $290 million.
The company expects full-year earnings in the range of $3.40 to $3.90 per share, with revenue ranging from $1.16 billion to $1.2 billion.
Integer shares have dropped slightly more than 5% since the beginning of the year. The stock has decreased 15% in the last 12 months.