Thursday, Integer Holdings Corporation (ITGR) announced that its board initiated a strategic review, considering a full range of potential opportunities, including, but not limited to, a sale, merger, or strategic business combination, as compared to the value creation opportunities from continued execution of the company's standalone strategy.
"We remain focused on delivering value for our customers while we explore all options to maximize value for our stockholders," commented CEO Payman Khales.
Concurrently, the company announced first-quarter financial results, reporting earnings of $16.5 million compared with a loss of $22.5 million in the previous year. Sales increased to $439.6 million from last year's $437.4 million.
Looking ahead to the full year 2026, Integer expects sales of $1,805 million to $1,835 million, and net income of $105 million to $125 million.
Currently, ITGR is trading at $87.78, up 4.91 percent on the New York Stock Exchange.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.