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Integra LifeSciences Announces Preliminary Fourth Quarter and Full-Year 2019 Revenue Results and 2020 Financial Guidance

Fourth quarter 2019 reported revenue is expected to be at or near the low end of the previously communicated guidance range of $395 to $400 million, representing organic revenue growth of slightly less than 5% and reported growth of approximately 3%;



For the full-year 2020, the company is providing preliminary revenue guidance in the range of $1,550 million to $1,570 million, representing organic revenue growth of approximately 5% and reported growth of approximately 3%;



For the full-year 2020, the company is providing preliminary guidance of double-digit earnings per share growth compared to the full-year 2019;



The company plans to implement a share repurchase program that was previously approved by the Board of Directors, with an authorization of up to $225 million.

PLAINSBORO, N.J., Jan. 14, 2020 (GLOBE NEWSWIRE) -- Integra LifeSciences Holdings Corporation (NASDAQ: IART), a leading global medical technology company, announced today certain unaudited preliminary fourth quarter and full-year 2019 financial results.Preliminary Fourth Quarter and Full-Year 2019 Revenue ResultsFourth quarter 2019 reported revenue is expected to be at or near the low end of the previously communicated guidance range of $395 million to $400 million, representing organic revenue growth of slightly less than 5% and reported growth of approximately 3%.A As a result of its fourth quarter preliminary results, the company expects full-year 2019 reported revenue to be at or near the low end of the previously communicated guidance range of $1,517 million to $1,522 million, representing organic growth of slightly less than 5% and reported growth of approximately 3%.The preliminary results set forth above are unaudited and remain subject to completion of the Companya??s financial closing procedures.
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