Integra: Q4 Earnings Snapshot
By AP News
Published - Feb 22, 2023, 06:21 AM ET
Last Updated - Jun 22, 2023, 08:26 PM EDT
PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Integra LifeSciences Holdings Corp. (IART) on Wednesday reported fourth-quarter net income of $52.9 million.
On a per-share basis, the Princeton, New Jersey-based company said it had net income of 63 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to 94 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share.
The medical device maker posted revenue of $398 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $397.8 million.
