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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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.