Earnings summaries and quarterly performance for Integer Holdings.
Executive leadership at Integer Holdings.
Payman Khales
President and Chief Executive Officer
Diron Smith
Executive Vice President and Chief Financial Officer
Jim Stephens
President, Cardiac Rhythm Management & Neuromodulation
John Harris
Executive Vice President, Global Operations and Manufacturing Strategy
Lindsay Blackwood
Senior Vice President, General Counsel and Corporate Secretary
Board of directors at Integer Holdings.
Cheryl Capps
Director
Craig Maxwell
Director
Donald Spence
Director
Filippo Passerini
Director
James Hinrichs
Director
Jean Hobby
Director
Michael Coyle
Director
Pamela Bailey
Chair of the Board
Sheila Antrum
Director
Tyrone Jeffers
Director
Research analysts who have asked questions during Integer Holdings earnings calls.
Richard Newitter
Truist Securities
6 questions for ITGR
Suraj Kalia
Oppenheimer & Co. Inc.
6 questions for ITGR
Joanne Wuensch
Citigroup Inc.
5 questions for ITGR
Nathan Treybeck
Wells Fargo Securities
5 questions for ITGR
Andrew Cooper
Raymond James
4 questions for ITGR
Brett Fishbin
KeyBanc Capital Markets
4 questions for ITGR
Craig Bijou
Bank of America Securities
4 questions for ITGR
Matthew O'Brien
Piper Sandler & Co.
3 questions for ITGR
Brett Fishman
KeyBanc Capital Markets Inc.
2 questions for ITGR
Matthew O'Brien
Piper Sandler
2 questions for ITGR
Travis Steed
Bank of America
2 questions for ITGR
Kristen Stewart
CL King & Associates
1 question for ITGR
Matt O'Brien
Piper Sandler Companies
1 question for ITGR
Recent press releases and 8-K filings for ITGR.
- A class action lawsuit has been filed against Integer Holdings Corporation (ITGR) on behalf of investors who purchased securities between July 25, 2024, and October 22, 2025.
- The lawsuit alleges that Integer misled investors regarding the demand for its electrophysiology (EP) devices, which was actually decelerating, and vastly overstated its market position.
- On October 23, 2025, Integer cut its full-year 2025 guidance to -2% to 2% net sales growth and provided 2026 organic sales growth guidance of 0% to 4%, attributing this to slower than forecasted market adoption for two EP devices.
- Following this announcement, Integer's common stock fell $35.22 per share, or more than 32%, closing at $73.89 per share on October 23, 2025.
- The deadline for shareholders to submit papers to serve as lead plaintiff in the class action is February 9, 2026.
- Robbins LLP has filed a class action lawsuit on behalf of investors who purchased Integer Holdings Corporation securities between July 25, 2024, and October 22, 2025.
- The lawsuit alleges that Integer Holdings Corporation misled investors regarding its market position and demand for its electrophysiology (EP) devices, claiming demand had significantly decreased.
- On October 23, 2025, Integer cut its full-year 2025 guidance and projected 0% to 4% organic sales growth for 2026, acknowledging slower than forecasted market adoption for two EP devices.
- Following this announcement, Integer's common stock fell $35.22 per share, or more than 32%, closing at $73.89 per share on October 23, 2025.
- Rosen Law Firm has announced a class action lawsuit against Integer Holdings Corporation (NYSE: ITGR) on behalf of stockholders who purchased common stock during the Class Period from July 25, 2024, to October 22, 2025.
- The lawsuit alleges that Integer Holdings Corporation misled investors by materially overstating its competitive position in the electrophysiology (EP) manufacturing market and failing to disclose a sustained deterioration in sales for two of its EP devices.
- It is also claimed that Integer mischaracterized its EP devices as a long-term growth driver for its cardio and vascular (C&V) segment, leading to materially false and misleading statements about the company's business, operations, and prospects.
- Shareholders wishing to serve as lead plaintiff in the class action must file their motions with the court by February 9, 2026.
- Integer Holdings Corporation recently underwent a CEO transition with Payman Khales taking the helm.
- The company's board authorized a $200 million share repurchase program, its first ever, as management believes the stock is undervalued following a Q3 reaction.
- For 2026, the core business is expected to grow 4%-7%, but this will be offset by short-term headwinds from three specific products (two electrophysiology, one neuro) due to lower-than-anticipated market adoption rates.
- Management anticipates these headwinds to primarily impact the first half of 2026, with a projected return to market growth in the second half of 2026 and above-market growth in 2027.
- The company's M&A strategy is focused on targeted, tuck-in acquisitions to build critical capabilities, rather than transformative deals.
- Integer Holdings Corporation (ITGR) projects its core business to grow 4%-7% in 2026, slightly above its weighted average market growth rate of 4%-6%.
- The company anticipates short-term headwinds in the first half of 2026 due to lower market adoption for three specific products (two electrophysiology and one neuro product), leading to an operating margin outlook for 2026 of down 5% to up 4%.
- The Board has authorized a $200 million share repurchase program, marking the company's first, as management believes the stock is undervalued.
- Management expects a return to market growth in the second half of 2026 and above-market growth (200 basis points) in 2027, primarily driven by new product launches.
- Integer's new CEO expressed bullishness on the business, highlighting its role as a leading contract development and manufacturing organization (CDMO) focused on high-growth medtech markets including electrophysiology, neurovascular, structural heart, and neuromodulation.
- The company expects short-term headwinds in 2026, primarily in the first half, attributed to lower-than-anticipated market adoption for three specific products (two electrophysiology and one neuro product). Despite this, the core business is projected to grow 4% to 7% , with a return to market growth in the second half of 2026 and above-market growth in 2027.
- The board authorized a $200 million share repurchase program, marking the first such initiative for the company, reflecting confidence in its fundamentals and a belief that the stock is undervalued.
- Integer's global manufacturing footprint is viewed as a competitive advantage, helping manage tariffs, which are estimated to have a limited impact of $1 million-$5 million in 2025.
- Integer Holdings Corporation (ITGR) projects 2026 reported sales to be down 2% to up 2%, incorporating a 3-4% headwind from three specific new products and a 2% headwind from exiting its portable medical business.
- The company's core business organic growth for 2026 is expected to be flat to plus 4%, with headwinds being more pronounced in the first half of the year and abating in the second half due to easier 2025 comparables.
- CEO Payman Khales noted that the simultaneous underperformance of three products is highly unusual and temporary, and the company anticipates returning to above-market performance in 2027 driven by a strong development pipeline.
- The board authorized a $200 million share repurchase program, which will be funded by cash on hand and free cash flow, serving as an additional capital allocation lever.
- Operating margin guidance for 2026 is down 5% to up 4%, as lower sales volumes will pressure fixed cost leverage despite continued variable cost efficiencies.
- Integer (ITGR) projects its 2026 core business to grow 4-7%, which is in line with or slightly above its weighted average market growth rate of 4-6%.
- However, the company's 2026 reported sales guidance is down 2% to up 2%, reflecting a 3-4% headwind from three underperforming new products and an additional 2% headwind from the strategic exit of its portable medical business.
- These headwinds are expected to be more pronounced in the first half of 2026, leading to a more significant reduction in Q1 2026 compared to Q4 2025, with a return to market growth anticipated in the second half of 2026 due to easier comparables.
- Integer expects to return to above-market performance in 2027, supported by a robust product pipeline, 80% of which is geared towards faster-growing markets.
- The board has authorized a $200 million share repurchase program, providing an additional lever for capital allocation alongside organic investment and tuck-in acquisitions.
- Integer Holdings Corporation (ITGR) projects 2026 reported growth to be down 2% to up 2%, primarily due to 3%-4% headwinds from three specific new products and a 2% headwind from the exit of its portable medical business.
- Despite these challenges, the company's core business is expected to grow 4%-7% in 2026, in line with or slightly above its weighted average market growth rate of 4%-6%.
- The impact of the headwinds is anticipated to be more significant in the first half of 2026, with a projected return to market growth in the second half of 2026 and above market performance in 2027, supported by a robust development pipeline.
- Integer's development sales, a leading indicator of its pipeline, are expected to have grown 3x from 2017 by the end of 2025, with 80% directed towards high-growth markets such as electrophysiology and neurovascular.
- For 2026, the company forecasts its operating margin to be down 5% to up 4% due to lower sales volumes impacting fixed cost leverage, and its board has authorized a $200 million share repurchase program.
- Integer Holdings Corporation's Board of Directors has authorized a share repurchase program of up to $200 million of its outstanding common stock.
- The company intends to fund the program primarily using cash on hand and free cash flows.
- The timing and volume of share repurchases will be executed at the discretion of management.
Quarterly earnings call transcripts for Integer Holdings.
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