BRIEF-Embecta Reports Q4 and FY 2024 Results, Provides FY 2025 Guidance, Ends Insulin Patch Program

Reuters

2024-11-26

BRIEF-Embecta Reports Q4 and FY 2024 Results, Provides FY 2025 Guidance, Ends Insulin Patch Program

Nov 26 (Reuters) - Embecta Corp EMBC.O:

. REPORTS FISCAL 2024 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS; PROVIDES INITIAL FISCAL YEAR 2025 FINANCIAL GUIDANCE; DISCONTINUES INSULIN PATCH PUMP PROGRAM; AND ANNOUNCES RESTRUCTURING TO STREAMLINE OPERATIONS AND REDUCE COSTS
EMBECTA - WILL INCUR PRE-TAX, CASH CHARGES FOR PLANNED WORKFORCE REDUCTIONS & OTHER ASSOCIATED COSTS FROM DISCONTINUATION OF PATCH PUMP PROGRAM
: QTRLY EPS $0.25
Q4 EARNINGS PER SHARE VIEW $0.36 -- LSEG IBES DATA
EMBECTA - EXPECTS DISCONTINUATION OF PATCH PUMP PROGRAM & ORGANIZATIONAL TO GENERATE ANNUALIZED PRE-TAX COST SAVINGS BETWEEN $60 MILLION & $65 MILLION
: QTRLY ADJUSTED EPS $0.45
: OUTLOOK FY25 REVENUE $1,093 MILLION - $1,110 MILLION
FY2024 EARNINGS PER SHARE VIEW $2.39, REVENUE VIEW $1.11 BILLION -- LSEG IBES DATA
OUTLOOK FY25 ADJUSTED EPS $2.70 - $2.90
FY2025 EARNINGS PER SHARE VIEW $2.27 -- LSEG IBES DATA

Source text: ID:nGNX2VqhBq

Further company coverage: EMBC.O

((Reuters.Briefs@thomsonreuters.com;))

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REPORTS FISCAL 2024 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS; PROVIDES INITIAL FISCAL YEAR 2025 FINANCIAL GUIDANCE; DISCONTINUES INSULIN PATCH PUMP PROGRAM; AND ANNOUNCES RESTRUCTURING TO STREAMLINE OPERATIONS AND REDUCE COSTS</p></li><li><p>EMBECTA - WILL INCUR PRE-TAX, CASH CHARGES FOR PLANNED WORKFORCE REDUCTIONS &amp; OTHER ASSOCIATED COSTS FROM DISCONTINUATION OF PATCH PUMP PROGRAM</p></li><li><p>: QTRLY EPS $0.25</p></li><li><p>Q4 EARNINGS PER SHARE VIEW $0.36 -- LSEG IBES DATA</p></li><li><p>EMBECTA - EXPECTS DISCONTINUATION OF PATCH PUMP PROGRAM &amp; ORGANIZATIONAL TO GENERATE ANNUALIZED PRE-TAX COST SAVINGS BETWEEN $60 MILLION &amp; $65 MILLION</p></li><li><p>: QTRLY ADJUSTED EPS $0.45</p></li><li><p>: OUTLOOK FY25 REVENUE $1,093 MILLION - $1,110 MILLION</p></li><li><p>FY2024 EARNINGS PER SHARE VIEW $2.39, REVENUE VIEW $1.11 BILLION -- LSEG IBES DATA</p></li><li><p>OUTLOOK FY25 ADJUSTED EPS $2.70 - $2.90</p></li><li><p>FY2025 EARNINGS PER SHARE VIEW $2.27 -- LSEG IBES DATA</p></li></ul><p>Source text: <span>ID:nGNX2VqhBq</span></p><p>Further company coverage: <span>EMBC.O</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Embecta Reports Q4 and FY 2024 Results, Provides FY 2025 Guidance, Ends Insulin Patch Program</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-Embecta Reports Q4 and FY 2024 Results, Provides FY 2025 Guidance, Ends Insulin Patch Program\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-26 19:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BRIEF-Embecta Reports Q4 and FY 2024 Results, Provides FY 2025 Guidance, Ends Insulin Patch Program</title></head><body><p><span>Nov 26 (Reuters)</span><span> - </span>Embecta Corp <span>EMBC.O</span>:</p><ul><li><p>. REPORTS FISCAL 2024 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS; PROVIDES INITIAL FISCAL YEAR 2025 FINANCIAL GUIDANCE; DISCONTINUES INSULIN PATCH PUMP PROGRAM; AND ANNOUNCES RESTRUCTURING TO STREAMLINE OPERATIONS AND REDUCE COSTS</p></li><li><p>EMBECTA - WILL INCUR PRE-TAX, CASH CHARGES FOR PLANNED WORKFORCE REDUCTIONS &amp; OTHER ASSOCIATED COSTS FROM DISCONTINUATION OF PATCH PUMP PROGRAM</p></li><li><p>: QTRLY EPS $0.25</p></li><li><p>Q4 EARNINGS PER SHARE VIEW $0.36 -- LSEG IBES DATA</p></li><li><p>EMBECTA - EXPECTS DISCONTINUATION OF PATCH PUMP PROGRAM &amp; ORGANIZATIONAL TO GENERATE ANNUALIZED PRE-TAX COST SAVINGS BETWEEN $60 MILLION &amp; $65 MILLION</p></li><li><p>: QTRLY ADJUSTED EPS $0.45</p></li><li><p>: OUTLOOK FY25 REVENUE $1,093 MILLION - $1,110 MILLION</p></li><li><p>FY2024 EARNINGS PER SHARE VIEW $2.39, REVENUE VIEW $1.11 BILLION -- LSEG IBES DATA</p></li><li><p>OUTLOOK FY25 ADJUSTED EPS $2.70 - $2.90</p></li><li><p>FY2025 EARNINGS PER SHARE VIEW $2.27 -- LSEG IBES DATA</p></li></ul><p>Source text: <span>ID:nGNX2VqhBq</span></p><p>Further company coverage: <span>EMBC.O</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241126:nTUA3J499C:1","article_id":"2486075067","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486075067","pubTimestamp":1732621366,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BRIEF-Embecta Reports Q4 and FY 2024 Results, Provides FY 2025 Guidance, Ends Insulin Patch ProgramNov 26 (Reuters) - Embecta Corp EMBC.O:. 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REPORTS FISCAL 2024 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS; PROVIDES INITIAL FISCAL YEAR 2025 FINANCIAL GUIDANCE; DISCONTINUES INSULIN PATCH PUMP PROGRAM; AND ANNOUNCES RESTRUCTURING TO STREAMLINE OPERATIONS AND REDUCE COSTSEMBECTA - WILL INCUR PRE-TAX, CASH CHARGES FOR PLANNED WORKFORCE REDUCTIONS & OTHER ASSOCIATED COSTS FROM DISCONTINUATION OF PATCH PUMP PROGRAM: QTRLY EPS $0.25Q4 EARNINGS PER SHARE VIEW $0.36 -- LSEG IBES DATAEMBECTA - EXPECTS DISCONTINUATION OF PATCH PUMP PROGRAM & ORGANIZATIONAL TO GENERATE ANNUALIZED PRE-TAX COST SAVINGS BETWEEN $60 MILLION & $65 MILLION: QTRLY ADJUSTED EPS $0.45: OUTLOOK FY25 REVENUE $1,093 MILLION - $1,110 MILLIONFY2024 EARNINGS PER SHARE VIEW $2.39, REVENUE VIEW $1.11 BILLION -- LSEG IBES DATAOUTLOOK FY25 ADJUSTED EPS $2.70 - $2.90FY2025 EARNINGS PER SHARE VIEW $2.27 -- LSEG IBES DATASource text: ID:nGNX2VqhBqFurther company coverage: EMBC.O ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"event","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}