Integra Reports 26% Increase In Q4 Revenue; Expects Q4 EPS Within Or Below Earlier Guidance; Guides Q1, Q2, Q3, Q4; Updates Guidance For FY08 - Quick Facts

Posted on Friday, February 29, 2008 6:40 AM

(RTTNews) - Integra LifeSciences Holdings Corp. (IART) announced a 26% increase in fourth quarter net revenue to around $157.6 million from $125.395 million last year. The company expects to report GAAP earnings per share within or below the previously provided GAAP earnings per share guidance range of $0.38 to $0.43, upon completion of its audited financial statements. The company said it would record $0.16 per share for the fourth quarter. The company expects first quarter-adjusted earnings of $0.39 to $0.42 per share on $150 to $155 million revenue, and $0.45 to $0.48 per share for the second quarter on $159 to $164 million revenue. For the third quarter, the company sees adjusted earnings per share of $.48 to $0.52 on $156 to $161 million revenue and for the fourth quarter expects $0.68 to $0.73 per share or $170 to $175 million revenue. For the full year 2008, the company updated its adjusted earnings per share forecast to $2 to $2.15 on revenue in the range of $635 - $655 million. For comments and feedback: contact editorial@rttnews.com