ITGR Integer Dashboard

Risks

• Our operations have been and may continue to be adversely impacted by the ongoing global impact of the COVID-19 pandemic.
• 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 and financial condition.
• 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 result in warranty claims and additional costs, could harm our reputation and could erode our competitive advantage.
• Our energy market revenues are dependent on conditions in the oil and natural gas industry, which historically have been volatile.
• Interruptions of our manufacturing operations could delay production and adversely affect our operations.
• Our operations are subject to cyber-attacks and other information technology disruptions that could have a material adverse effect on our business, consolidated results of operations and consolidated financial condition.
• 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.
• Consolidation in the healthcare industry could result in greater competition and reduce our revenues and harm our business.
• 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 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 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 intend to develop new products and expand into new geographic and product markets, which may not be successful and could harm our operating results.
• 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.
• Our operating results may fluctuate, which may make it difficult to forecast our future performance and may result in volatility in our stock price.
• We have significant indebtedness that could affect our operations, financial condition, and cash flows if we fail to meet certain financial covenants required by our debt agreements or if our access to capital markets is interrupted.
• 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.
• 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.
• 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.
• We may never realize the full value of our intangible assets, which represent a significant portion of our total assets.
• 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.
• 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.
• Our business is subject to environmental regulations that could be costly to comply with.
• 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.