Strong Sales Growth
Integer Holdings Corporation reported a 7% year-over-year increase in sales on a reported basis and 6% on an organic basis in Q1 2025.
Adjusted Operating Income Increase
Adjusted operating income grew by 14% year-over-year, doubling the sales growth rate.
Cardio and Vascular Sales Surge
Sales in the cardio and vascular segment increased by 17% in the first quarter, driven by new product ramps and acquisitions.
Raised Adjusted EPS Outlook
The company raised its adjusted EPS outlook by $0.31, with anticipated growth of 16% to 23% for the full year.
Successful Debt Refinancing
Integer Holdings completed a strategic refinancing that significantly increased the portion of debt fixed at a sub-2% rate, expecting to reduce interest expense by $13 million in 2025.
Tuck-In Acquisitions
Completed acquisitions of Precision Coating and BSI PERILING, expanding service offerings and capabilities.