Integer Holdings Corp (NYSE: ITGR) reported Q4 EPS of $0.96, $0.17 better than the analyst estimate of $0.79. Revenue for the quarter came in at $390 million versus the consensus estimate of $358.43 million.

Fourth Quarter 2017 Highlights

• Sales of $390 million, an increase of 8.6% on a reported basis and 7.6% on an organic basis year-over-year.
• GAAP: Net Income of $54 million; Diluted EPS of $1.68 per share.
  • Results reflect one-time net benefit of $40 million, or $1.24 per share, primarily resulting from the Tax Cuts and Jobs Act (the “Tax Reform Act”) enacted during the quarter.
• Non-GAAP: Adjusted Net Income of $31 million; Adjusted EBITDA of $78 million; Adjusted Diluted EPS of $0.96 per share.
• GAAP and Non-GAAP EPS include negative impact of $0.02 from foreign currency losses in the quarter.
• Generated $34 million of Cash Flow from Operating Activities, repaid $22 million of debt.

GUIDANCE:

Integer Holdings Corp sees FY2018 EPS of $3.15-$3.45, versus the consensus of $3.23.

For earnings history and earnings-related data on Integer Holdings Corp (ITGR) click here.