PLANO, Texas (AP) — PLANO, Texas (AP) — Integer Holdings Corp. (ITGR) on Thursday reported third-quarter net income of $39.7 million.
The Plano, Texas-based company said it had profit of $1.11 per share. Earnings, adjusted for amortization costs and non-recurring costs, came to $1.79 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.
The medical device outsource manufacturer posted revenue of $467.7 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $465.8 million.
Integer expects full-year earnings in the range of $6.29 to $6.43 per share, with revenue in the range of $1.84 billion to $1.85 billion.
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