PLANO, Texas (AP) — PLANO, Texas (AP) — Integer Holdings Corp. (ITGR) on Thursday reported second-quarter earnings of $37 million.
On a per-share basis, the Plano, Texas-based company said it had net income of $1.04. Earnings, adjusted for amortization costs and restructuring costs, were $1.55 per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.
The medical device outsource manufacturer posted revenue of $476.5 million in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $463.2 million.
Integer expects full-year earnings in the range of $6.25 to $6.51 per share, with revenue in the range of $1.85 billion to $1.88 billion.
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