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Integra LifeSciences Reports Third Quarter 2025 Financial Results
PRINCETON, N.J., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Integra LifeSciences Holdings Corporation (Nasdaq: IART), a leading global medical technology company,
About this update from Integra Lifesciences Holdings Corporation
[{"type":"text","content":"PRINCETON, N.J., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Integra LifeSciences Holdings Corporation (Nasdaq: IART), a leading global medical technology company, today reported financial results for the third quarter ending September 30, 2025. Third Quarter 2025 Highlights Third quarter revenues of $402.1 million increased 5.6% on a reported basis and 5.0% on an organic basis compared to the prior year. Third quarter GAAP earnings per diluted share of $(0.07), compared to $(0.14) in the prior year. Adjusted earnings per diluted share of $0.54, compared to $0.41 in the prior year.Relaunch of PriMatrix® and Durepair® ahead of schedule, through dual sourcing supply strategy.Appointed Dr. Raymond Turner, a board-certified neurosurgeon, fellowship-trained in endovascular neurosurgery, as chief medical officer.Revising 2025 guidance to reflect third quarter revenue and updated assumptions for the fourth quarter. “In the third quarter, we continued to see healthy demand across our portfolio. While revenue was impacted by two supply interruptions, we delivered strong profitability and cash flow through disciplined cost management and operational efficiencies.” said Mojdeh Poul, president and chief executive officer. “We are making progress in implementing our comprehensive plan to systematically strengthen the entirety of our supply chain and quality management system, and we remain confident in our strategy to improve overall performance and drive the Company’s transformation.” Third Quarter 2025 Consolidated Performance Total reported revenues of $402.1 million increased 5.6% on a reported basis and 5.0% on an organic basis compared to the prior year. The Company reported GAAP gross margin of 51.5%, compared to 52.6% in the third quarter of 2024. Adjusted gross margin was 62.9%, compared to 63.0% in the prior year. Adjusted EBITDA for the third quarter of 2025 was $78.5 million, or 19.5% of revenue, compared to $61.8, or 16.2% of revenue, in the prior year. The Company reported a GAAP net loss of $(5.4) million, or $(0.07) per diluted share, in the third quarter of 2025, compared to GAAP net loss of $(10.7) million, or $(0.14) per diluted share, in the prior year. Adjusted net income for the third quarter of 2025 was $41.6 million, or $0.54 per diluted share, compared to $31.7 million, or $0.41 per diluted share, in the prior year. Third Quar...