Integra: Q2 Earnings Snapshot
By AP News
Published - Jul 29, 2024, 09:24 AM ET
Last Updated - Jul 29, 2024, 09:24 AM EDT
PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Integra LifeSciences Holdings Corp. (IART) on Monday reported a loss of $12.4 million in its second quarter.
On a per-share basis, the Princeton, New Jersey-based company said it had a loss of 16 cents. Earnings, adjusted for one-time gains and costs, were 63 cents per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.
The medical device maker posted revenue of $418.2 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $412.3 million.
