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Thursday, July 9, 2020

Integra LifeSciences sees 34% drop in Q2 revenue due to pandemic disruptions

On a preliminary basis, Integra LifeSciences (NASDAQ:IART) expects Q2 revenues of $254M – 256M, down ~34% from a year ago. On a more positive note, average daily sales in June were only down ~15% on the resumption of non-emergency surgical procedures and easing of shelter-in-place rules.
Management will update investors again during its Q2 earnings call on Monday, August 10, after the close.

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