Integer HoldingsNYSE: ITGR

PLANO, Texas, July 01, 2024 (GLOBE NEWSWIRE) -- Integer Holdings Corporation (NYSE: ITGR) (“Integer” or the “Company”), a leading medical device contract development and manufacturing organization, today notified holders of its 2.125% Convertible Senior Notes due 2028 (the “Notes”) that the Notes are convertible, at the option of the holders (the “Conversion Option”) beginning on July 1, 2024, and ending at the close of business on September 30, 2024. The Notes are convertible into cash, up to the principal amount of the Notes, and in cash, shares of the Company's common stock or a combination thereof, at the Company's election, in respect of the remainder, if any, of the Company's conversion obligation in excess of the aggregate principal amount of the Notes being converted. Any determination regarding the convertibility of the Notes during future periods will be made in accordance with the terms of the Indenture governing the Notes.

PLANO, Texas, June 27, 2024 (GLOBE NEWSWIRE) -- Integer Holdings Corporation (NYSE:ITGR) announced today that it plans to release financial and operational results for second quarter 2024 at 7 a.m. Central Time (CT) / 8 a.m. Eastern Time (ET) on Thursday, July 25, 2024. Following the release, Integer management will host a webcast at 8 a.m. CT / 9 a.m. ET to discuss these results. Other forward-looking and material information may also be discussed during this call.

Integer Holdings (ITGR) shares soar on the back of growth in the Medical segment. However, fluctuations in raw material prices and the oil and energy market are concerning.

Research and product development efforts at Integer Holdings (ITGR) are increasing positivity surrounding the stock.

Integer Holdings' (ITGR) strong first-quarter performance is driven by solid Medical Sales and strong performance across all product lines.

While the financial results for Integer (ITGR) in the quarter ending March 2024 provide an indication of the company's performance, it may be beneficial to analyze how certain key metrics stack up against Wall Street projections and previous year's figures.

Integer reported quarterly earnings of $1.14 per share, surpassing the Zacks Consensus Estimate of $1.12 per share. This is an increase from earnings of $0.87 per share in the same quarter last year.

Integer (ITGR) is currently trading near its highest level in the past year, but can investors anticipate further growth in the coming months? Let's examine the company's underlying factors to gain insight.

Investors have a positive outlook on Integer Holdings' (ITGR) research and product development efforts.