Integra LifeSciences Holdings (NASDAQ:IART) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$380.8m (flat on 3Q 2023).

• Net loss: US$10.7m (down by 155% from US$19.5m profit in 3Q 2023).

• US$0.14 loss per share (down from US$0.24 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Integra LifeSciences Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 70%.

Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are up 24% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Integra LifeSciences Holdings, and understanding this should be part of your investment process.

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