ICUI
ICU Medical, Inc.147.07
-0.96-0.65%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
3.63BP/E (TTM)
-Basic EPS (TTM)
-0.32Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Q2 revenue dips, profits rise
ICU Medical reported Q2 2025 revenue of $548.9 million, down from $596.5 million last year, driven by a $63 million drop in Vital Care amid lower contract manufacturing. Yet gross margins climbed to 38% from 35%, fueling GAAP net income of $35.3 million versus a prior loss. A $41.8 million gain from business sale boosted results. Updated 2025 guidance narrows adjusted EBITDA to $380-390 million, but risks linger from the IV Solutions joint venture.
10-Q
Q2 FY2025 results
ICU Medical's Q2 FY2025 revenue dipped 7.9% y/y to $548.9M, driven by the May 1 divestiture of a 60% stake in its IV Solutions business for $209.5M cash, yet core consumables and infusion systems grew 4.3% and 2.4% y/y, respectively, lifting gross margins to 37.9% from 34.8% on synergies and efficiencies. Operating income rose to $10.6M from $7.7M, with diluted EPS at $1.43 versus a $0.88 loss, reconciled to 24.7M shares; the $41.8M gain on sale boosted net income to $35.3M. Cash stood at $300.0M after $247.8M debt paydown, yielding $62.5M operating cash flow and $28.2M free cash flow (derived). The joint venture contributed $2.8M equity earnings. Ongoing FDA scrutiny at Smiths Medical facilities poses regulatory risks.
8-K
Stockholders approve plan amendment
ICU Medical's stockholders approved the third amendment to its 2011 Stock Incentive Plan at the May 13, 2025 annual meeting, boosting available shares for awards and ISOs by 2,150,000 each to a total of 8,515,510. This expands equity incentive capacity while imposing a one-year minimum vesting for new grants, barring exceptions. Directors were unanimously elected. Stockholders also ratified Deloitte as auditors and endorsed executive pay.
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