Integra Posts $14.9M Third-Quarter Net Income
IART sits 52% above its 52-week low of $8.7.
Summary
Integra reported third-quarter net income of $14.9 million, with EPS of 19 cents and adjusted EPS of 59 cents, on revenue of $411.2 million. The profit figure follows the October 2 preliminary release that guided revenue to $410M-$412M and adjusted EPS to a range, and came with a full-year 2026 cut tied to a $15M-$20M fourth-quarter revenue hit from the Cincinnati flood, so the bar was already reset lower. The net income line matters because it shows what actually flowed through after the flood disruption and the refinancing costs. The company closed a $450M 9.500% senior secured notes offering and a new $1.65B credit facility on October 19, retiring the old $1.3B revolver, which raises interest expense going forward. Looking ahead, Integra sees 2026 revenue of $1.63B-$1.65B and 2026 adjusted EPS of $2.30-$2.40, and fourth-quarter revenue of $413M-$433M.
At the time of this announcement, IART was trading at $13.25 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $1B. The 52-week trading range was $8.70 to $20.49. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.