Integra LifeSciences Reports Second Quarter 2019 Financial Results

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Integra LifeSciences (IART) Tops Q2 EPS by 7c, Revenues Beat; Raises FY19 EPS Guidance, Affirms FY19 Revenue Outlook

July 24, 2019 5:50 AM EDT

Integra LifeSciences (NASDAQ: IART) reported Q2 EPS of $0.73, $0.07 better than the analyst estimate of $0.66. Revenue for the quarter came in at $383.6 million versus the consensus estimate of $373.29 million.

Second Quarter 2019 Highlights

Reported revenues were $383.6 million, an increase of 4.8% compared to the second quarter of 2018, and organic revenues increased 6.6% over the prior-year quarter; - Reported revenues in the Codman Specialty Surgical segment increased 4.1% compared to the second quarter of 2018; - Reported revenues in the Orthopedics and Tissue Technologies segment increased 6.1% compared to the second quarter of 2018; - Foreign currency... More