EMBC - Embecta beats Q1 top and bottom line estimates; updates FY23 outlook
2023-05-12 06:39:48 ET
- Embecta press release ( NASDAQ: EMBC ): Q2 Non-GAAP EPS of $0.75 beats by $0.27 .
- Revenue of $277.1M (+0.9% Y/Y) beats by $14.22M .
- Adjusted EBITDA and margin of $96.7 million and 34.9%, compared to $117.3 million and 42.7% in the prior year period.
- Adjusted gross profit and margin of $190.1 million and 68.6%.
- Fiscal Year 2023 Updated Financial Guidance : Revenues of $1,101M - $1,113M vs. consensus of $1.10B; Adjusted Earnings per Diluted Share of $2.50 - $2.60 vs. consensus of $2.30; Adjusted EBITDA Margin of ~32.5%.
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Embecta beats Q1 top and bottom line estimates; updates FY23 outlook