Integer posts street-beating Q3

Integer today posted third quarter earnings that beat expectations on Wall Street. The Frisco, Texas-based company posted profits of $13.7 million, of 43¢ per share, on sales of $363.3 million for the 3 months ended September 29, seeing bottom-line growth of 19.5% while sales grew 4.8% compared to the same period last year. Adjusted to

How Integer is creating cutting-edge disposable ortho surgical tools

With health providers increasingly demanding single-use devices, Integer successfully created disposable bone-cutting tools for its orthopedic device customers. Gary Victor, Integer Within healthcare today, there is a heightened focus on “value” – on the episode of care and the need to deliver improved patient care outcomes and lower overall costs. A related trend in the

Integer Holdings: What you need to know

Greatbatch and Lake Region Medical merged nearly two years ago to become Integer Holdings Co., a giant medical device contract manufacturer that could theoretically do almost anything for an OEM. But can this colossus of a company execute on its expanded capabilities? When Greatbatch and Lake Region Medical merged in 2015, company officials decided they

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Integer misses expectations on Q2 profits, but grows revenue

Medical device contract manufacturing giant Integer Holdings Co. (NYSE: ITGR) reported a mixed bag when it came to second-quarter results. Nearly two years after Greatbatch and Lake Region Medical merged to create Frisco, Texas–based Integer, sales are growing, but second-quarter profits did not meet analysts’ expectations, according to earnings released yesterday evening. Integer earned $3.0

Integer interim CEO gets ‘interim’ removed from title

Medical device contract manufacturing giant Integer Holdings Co. said today that interim CEO Joseph Dziedzic will take over the company for good. Dziedzic is a former Integer board member who took over in March after Thomas Hook stepped down from the top spot. He’s entered into a new three-year employment agreement with the Frisco, Texas–based

Medtech stocks: the best and worst of Q1 2017

More than four-fifths of the 100 largest medical device companies in the world saw their stock prices increase during the first three months of 2017, according to a Medical Design & Outsourcing analysis of how the stocks of our Big 100 companies are faring. The situation suggests that even with the uncertainty around what the