Company profile

Ticker
ITGR
Exchange
Website
CEO
Joseph Dziedzic
Employees
Incorporated
Location
Fiscal year end
Former names
GREATBATCH, INC., WILSON GREATBATCH TECHNOLOGIES INC
SEC CIK
IRS number
161531026

ITGR stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

29 Oct 20
23 Jan 21
31 Dec 21

News

Quarter (USD) Oct 20 Jul 20 Apr 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Integer earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 99.94M 99.94M 99.94M 99.94M 99.94M 99.94M
Cash burn (monthly) 35.43M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 132.13M n/a n/a n/a n/a n/a
Cash remaining -32.18M n/a n/a n/a n/a n/a
Runway (months of cash) -0.9 n/a n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Jan 21 Kirk K Thor Common Stock Payment of exercise Dispose F No 81.19 875 71.04K 7,225
1 Jan 21 Kirk K Thor Common Stock Option exercise Aquire M No 0 2,350 0 8,100
1 Jan 21 Kirk K Thor Common Stock Option exercise Aquire M No 0 532 0 5,750
1 Jan 21 Kirk K Thor Common Stock Option exercise Aquire M No 0 348 0 5,218
1 Jan 21 Kirk K Thor RSU Common Option exercise Dispose M No 0 2,350 0 0
1 Jan 21 Kirk K Thor RSU Common Option exercise Dispose M No 0 532 0 0
1 Jan 21 Kirk K Thor RSU Common Option exercise Dispose M No 0 348 0 349
1 Jan 21 Jason K Garland Common Stock Payment of exercise Dispose F No 81.19 290 23.55K 6,049
1 Jan 21 Jason K Garland Common Stock Option exercise Aquire M No 0 977 0 6,339
1 Jan 21 Jason K Garland RSU Common Option exercise Dispose M No 0 977 0 978
96.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 228 224 +1.8%
Opened positions 29 35 -17.1%
Closed positions 25 27 -7.4%
Increased positions 78 81 -3.7%
Reduced positions 96 86 +11.6%
13F shares
Current Prev Q Change
Total value 2.37B 2.33B +1.9%
Total shares 31.85M 31.93M -0.2%
Total puts 9.26K 22.6K -59.0%
Total calls 31.7K 18.8K +68.6%
Total put/call ratio 0.3 1.2 -75.7%
Largest owners
Shares Value Change
BLK Blackrock 5.2M $306.68M -2.4%
Vanguard 3.48M $205.16M -11.4%
Dimensional Fund Advisors 1.95M $115.05M -2.8%
BEN Franklin Resources 1.62M $95.32M +51.8%
STT State Street 1.2M $71.01M -1.0%
FMR 977.31K $57.67M +139.0%
SAMG Silvercrest Asset Management 950.66K $56.1M -1.8%
MCQEF Macquarie 843.38K $49.77M +45.3%
Fisher Asset Management 704.88K $41.6M -2.3%
Hawk Ridge Capital Management 666.22K $39.31M NEW
Largest transactions
Shares Bought/sold Change
Wellington Management 492.71K -1.02M -67.4%
Hawk Ridge Capital Management 666.22K +666.22K NEW
FMR 977.31K +568.48K +139.0%
BEN Franklin Resources 1.62M +550.95K +51.8%
Vanguard 3.48M -449.55K -11.4%
Channing Capital Management 0 -360.31K EXIT
GS Goldman Sachs 408.27K +318.66K +355.6%
Hood River Capital Management 165.55K -282.76K -63.1%
MCQEF Macquarie 843.38K +263.06K +45.3%
Emerald Mutual Fund Advisers Trust 46.34K -251.37K -84.4%

Financial report summary

?
Competition
EMAK Worldwide
Risks
  • We depend heavily on a limited number of customers, and if we lose any of them or they reduce their business with us, we would lose a substantial portion of our revenues.
  • We are subject to pricing pressures from customers, which could harm our operating results.
  • If we do not respond to changes in technology, our products may become obsolete or less competitive and we may experience a loss of customers and lower revenues.
  • We may face intense competition that could harm our business and we may be unable to compete successfully against new entrants and established companies with greater resources.
  • If we are unable to successfully market our current or future products, our business will be harmed and our revenues and operating results will be adversely affected.
  • We intend to develop new products and expand into new geographic and product markets, which may not be successful and could harm our operating results.
  • We rely on third party suppliers for raw materials, key products and subcomponents. Increased prices for, or unavailability of, these materials, products or subcomponents could adversely affect our results of operations.
  • Quality problems with our products could harm our reputation and erode our competitive advantage.
  • Quality problems with our products could result in warranty claims and additional costs.
  • Regulatory issues resulting from product complaints, or recalls, or regulatory audits could harm our ability to produce and supply products or bring new products to market.
  • If we become subject to product liability claims, our operating results and financial condition could suffer.
  • Our operating results may fluctuate, which may make it difficult to forecast our future performance and may result in volatility in our stock price.
  • If we are unable to protect our intellectual property and proprietary rights, our business could be harmed.
  • We may be subject to intellectual property claims, which could be costly and time consuming and could divert our management’s attention from our business operations.
  • A failure to comply with customer-driven policies and standards and third-party certification requirements or standards could adversely affect our business and reputation.
  • Our failure to obtain licenses from third parties for new technologies or the loss of these licenses could impair our ability to design and manufacture new products and reduce our revenues.
  • We may never realize the full value of our intangible assets, which represent a significant portion of our total assets.
  • We have significant indebtedness that could affect our operations and financial condition, and our failure to meet certain financial covenants required by our debt agreements may materially and adversely affect our assets, financial position and cash flows.
  • We may be adversely affected by proposals to reform LIBOR.
  • Economic and credit market uncertainty could interrupt our access to capital markets, borrowings, or financial transactions to hedge certain risks, which could adversely affect our financial condition.
  • If we are not successful in making acquisitions to expand and develop our business, our operating results may suffer.
  • Successful integration and anticipated benefits of acquisitions cannot be assured and integration matters could divert attention of management away from operations.
  • We may not be able to attract, train and retain a sufficient number of qualified associates to maintain and grow our business.
  • We are dependent upon our senior management team and key technical personnel and the loss of any of them could significantly harm us.
  • We may not realize the expected benefits from our cost savings and consolidation initiatives or those initiatives may have unintended consequences, which may harm our business.
  • Interruptions of our manufacturing operations could delay production and adversely affect our operations.
  • Our business is subject to environmental regulations that could be costly to comply with.
  • We have a complex tax profile due to the global nature of our operations and may experience significant variability in our quarterly and annual effective tax rate due to several factors, including changes in the mix of pre-tax income and the jurisdictions to which it relates, business acquisitions, settlements with taxing authorities, and changes in tax rates.
  • Our operations are subject to cyber-attacks that could have a material adverse effect on our business, consolidated results of operations and consolidated financial condition.
  • The failure of our information technology systems to perform as anticipated could disrupt our business and affect our financial condition.
  • Our international sales and operations are subject to a variety of market and financial risks and costs that could affect our profitability and operating results.
  • Our international operations expose us to legal and regulatory risks, which could adversely affect our business.
  • The healthcare industry is highly regulated and subject to various political, economic and regulatory changes that could increase our compliance costs and force us to modify how we develop and price our products.
  • Our business is indirectly subject to healthcare industry cost containment measures that could result in reduced sales of our products.
  • Consolidation in the healthcare industry could result in greater competition and reduce our revenues and harm our business.
  • Our energy market revenues are dependent on conditions in the oil and natural gas industry, which historically have been volatile.
Management Discussion
  • Income from continuing operations for 2019 was $91.2 million or $2.76 per diluted share compared to $47.0 million or $1.44 per diluted share for 2018. These variances are primarily the result of the following:
  • Income from continuing operations for 2018 was $47.0 million or $1.44 per diluted share compared to $87.1 million or $2.72 per diluted share for 2017. These variances were primarily the result of the following:
  • NM - Calculated change not meaningful.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: competitor, conclusion, Director, investigation, Jersey, LRM, mentioned, milestone, NJDEP, notified, remediation, repay, reversal, reverting, Site, sought, successful, Unallocated
Removed: fourteen

Patents

GRANT
Utility
Method for providing a hermetically sealed feedthrough with co-fired filled via for an active implantable medical device
5 Jan 21
A method for making a dielectric substrate configured for incorporation into a hermetically sealed feedthrough is described.
GRANT
Utility
Flat-through capacitor mounted in a tombstone position on a hermetic feedthrough for an active implantable medical device
29 Dec 20
A three-terminal flat-through EMI/energy dissipating filter comprises an active electrode plate through which a circuit current passes between a first terminal and a second terminal, a first shield plate on a first side of the active electrode plate, and second shield plate on a second side of the active electrode plate opposite the first shield plate.
APP
Utility
Basket-type Ep Catheter with Electrode Polling for Sequential Electrode Sampling
10 Dec 20
A basket-type EP catheter is described.
APP
Utility
Miniature Electrochemical Cell Having a Casing of a Metal Container Closed with a Ceramic Plate Having Two Via Holes Supporting Opposite Polarity Platinum-containing Conductive Pathways
10 Dec 20
A miniature electrochemical cell having a volume of less than 0.5 cc is described.
GRANT
Reissue
Feedthrough filter capacitor assembly with internally grounded hermetic insulator
8 Dec 20
A feedthrough filter capacitor assembly includes a conductive terminal pin which extends through a first passageway of a capacitor in conductive relation with a first set of electrode plates, and through a conductive ferrule and an insulator in non-conductive relation.