Embecta Corp

Embecta Corp. engages in manufacturing and distributing medical devices used in the treatment of diabetes. It delivers insulin for diabetic patients to improve their lives. The company is headquartered in Parsippany, NJ.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Embecta Corp exceeds Q1 revenue expectations and raises 2023 guidance

Embecta Corp delivered strong Q1 performance, raising financial guidance for 2023. Despite challenges in gross margins and increased OpEx spending, the company remains focused on strategic priorities and opportunities for growth.

Embecta Corp reports robust Q2 earnings, eyes growth opportunities

Embecta Corp's Q2 2023 earnings call highlighted strong financial performance, strategic priorities for 2023, and updated guidance. The company is focused on improving diabetes care, revenue diversification, and addressing challenges like the China manufacturing shutdown. Opportunities exist in partnerships, addressing needle reuse, and strategic M&A.

Embecta Corp reports Q3 revenue growth amidst margin challenges

EMBC's Q3 performance showed revenue growth and adjusted net income, despite challenges in U.S. revenue and margin decline
The company's strengths lie in successful product launches, international revenue growth, and future pipeline optimism
Challenges include revenue decline in the U.S., margin pressures, and monitoring competitive threats
Opportunities include demerger process initiation, focus on open-loop system, and improved guidance for 2023

Embecta Corp exceeds revenue expectations in Q4 2023 earnings call

Embecta Corp's Q4 2023 earnings call highlighted revenue growth, strong gross margins, and strategic priorities for fiscal 2024. Despite challenges in TSA expenses and revenue decline projections for 2024, the company remains focused on growth opportunities. Management's commitment to maintaining a 30% adjusted EBITDA margin showcases confidence in the base business.

Embecta Corp surpasses Q1 revenue expectations, raises EPS guidance

Embecta Corp's Q1 performance exceeded expectations, showcasing resilience in its core business and progress in strategic initiatives. While facing challenges related to the ERP transition, the company is well-positioned to leverage opportunities for growth and profitability.

Embecta Corp (EMBC) reports strong Q2 earnings and eyes market expansion

Embecta Corp (EMBC) delivered a robust Q2 performance, exceeding revenue expectations and raising adjusted earnings per share guidance.
The company showcased operational efficiency through successful initiatives like ERP system implementation and distribution network expansion.
While facing challenges in revenue outlook and cash flow management, Embecta remains focused on innovation and market resilience for sustained growth.

Embecta Corp reports Q3 revenue decline but affirms growth outlook

Embecta Corp's Q3 performance reflected revenue decline but strong strategic progress.
The company faces challenges in managing separation costs and addressing revenue decreases.
Opportunities lie in new product introductions, FDA applications, and market development initiatives.

Embecta Corp surpasses 2024 expectations, announces restructuring plan

Embecta Corp's Q4 2024 performance exceeded expectations with revenue growth and EBITDA margin
The company announced a restructuring plan to discontinue the insulin patch pump program for cost savings
Future strategic priorities aim to strengthen core business and expand product portfolio

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Embecta Corp. engages in the provision of medical devices used in the treatment of diabetes. Its products include pen needles, syringes, and safety devices complemented by a digital application. The company was founded in 1924 and is headquartered in Parsippany, NJ.

PARSIPPANY, N.J., June 24, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, presented two abstracts at the American Diabetes Association's 84th Scientific Sessions that point to the potential for adults with type 2 diabetes (T2D) to better manage insulin delivery through a patch pump with a larger, 300-unit (u) insulin reservoir, which could provide longer wear times and fewer disposable patches over time.

embecta-sponsored Abstracts Presented at American Diabetes Association's 84th Scientific Sessions Highlight Unmet Need for Patch Pumps with 300u Insulin Reservoir

WARSAW, Ind. , June 20, 2024 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that Devdatt "Dev" Kurdikar, President, Chief Executive Officer and a member of the board of directors of Embecta Corp. (embecta), has been appointed to the Zimmer Biomet Board, effective immediately.

Zimmer Biomet Announces Appointment of Devdatt Kurdikar to Board of Directors

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CIXXF, JXN and EMBC made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 15, 2024.

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Embecta Corp. (NASDAQ:EMBC ) Q2 2024 Results Conference Call May 9, 2024 8:00 AM ET Company Participants Pravesh Khandelwal - Vice President & Head of Investor Relations Dev Kurdikar - President, Chief Executive Officer & Director Jake Elguicze - Senior Vice President & Chief Financial Officer Conference Call Participants Marie Thibault - BTIG Kallum Titchmarsh - Morgan Stanley Ryan Schiller - Wolfe Research, LLC Operator Welcome, ladies and gentlemen, to the Fiscal Second Quarter 2024 Embecta Earnings Conference Call. [Operator Instructions] Please note that this conference call is being recorded and the recording will be available on the company's website for replay following the completion of this call.

Embecta Corp. (EMBC) Q2 2024 Earnings Call Transcript

PARSIPPANY, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta” or the "Company") (Nasdaq: EMBC), a global diabetes care company, today reported financial results for the three and six month periods ended March 31, 2024.

Embecta Corp. Reports Second Quarter Fiscal 2024 Financial Results

PARSIPPANY, N.J., April 23, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, will host a conference call to discuss its fiscal second quarter 2024 financial results, provide an operational update, and host a question and answer session, at 8:00 a.m. Eastern Time (ET) on Thursday, May 9, 2024.

embecta to Report Fiscal Second Quarter 2024 Financial Results

PARSIPPANY, N.J., March 06, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, today announced its sponsorship of a symposium at the Advanced Technologies & Treatments for Diabetes (ATTD) international conference.

embecta-sponsored Educational Symposium and Abstracts at ATTD Highlight Role of Insulin Pumps in the Management of Type 2 Diabetes

Horace Mann Educators

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XRX, EMBC and HMN made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 12, 2023.

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Embecta beat Wall Street estimates with its fiscal 2024 Q1 revenue and earnings. The company's full-year outlook, though, came in below consensus estimates.

Why Embecta Stock Is Tanking Today

Embecta Corp. (EMBC) Q1 2024 Earnings Call Transcript

Embecta Corp. (EMBC) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.96 per share a year ago.

Embecta Corp. (EMBC) Surpasses Q1 Earnings and Revenue Estimates

PARSIPPANY, N.J., Feb. 09, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta” or the "Company") (Nasdaq: EMBC), a global diabetes care company, today reported financial results for the three month period ended December 31, 2023.

Embecta Corp. Reports First Quarter Fiscal 2024 Financial Results

PARSIPPANY, N.J., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (embecta) (Nasdaq: EMBC) today announced that management will host one-on-one investor meetings on Tuesday, February 13, 2024, at the Cliff Lodge, Snowbird, UT.

embecta to Participate in the 11th Annual BTIG MedTech Conference

PARSIPPANY, N.J., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, will host a conference call to discuss its fiscal first quarter 2024 financial results, provide an operational update, and host a question and answer session, at 8:00 a.m. Eastern Time (ET) on Friday, February 9, 2024.

embecta to Report Fiscal First Quarter 2024 Financial Results

PARSIPPANY, N.J., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. ("embecta") (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, today announced that it has submitted a 510(k) premarket filing to the U.S. Food and Drug Administration (FDA) for a proprietary disposable insulin delivery system.

embecta Announces FDA 510(k) Submission for Insulin Patch Pump

Beacon Roofing Supply

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PARSIPPANY, N.J., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Embecta Corp. (embecta) (Nasdaq: EMBC) today announced that management will present at the J.P. Morgan Healthcare Conference in San Francisco on Wednesday, January 10, 2024 at 2:15 p.m. PT / 5:15 p.m. ET.

embecta to Participate at the 42nd Annual J.P. Morgan Healthcare Conference

PARSIPPANY, N.J., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company, today issued the following statement regarding the U.S. Food and Drug Administration (FDA) Safety Communication on evaluation of certain plastic syringes: “embecta, the world's largest manufacturer of plastic insulin syringes, manufactures all of our syringes distributed worldwide at our facility in Holdrege, Nebraska,” said Shaun Curtis, SVP, Global Manufacturing & Supply Chain.

No embecta-made syringes impacted by FDA safety communication

PARSIPPANY, N.J., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company, today announced that management will participate in the following investor events:

embecta to Participate in Investor Conferences

Embecta Corp. (EMBC) Q4 2023 Earnings Call Transcript

Embecta Corp. (EMBC) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.73 per share a year ago.

Embecta Corp. (EMBC) Beats Q4 Earnings and Revenue Estimates

PARSIPPANY, N.J., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta” or the "Company") (Nasdaq: EMBC), a global diabetes care company, today reported financial results for the three- and twelve-month periods ended September 30, 2023.

Embecta Corp. Reports Fiscal 2023 Fourth Quarter and Full Year Financial Results and Provides Initial Fiscal 2024 Financial Guidance

Embecta Corp. (EMBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Embecta Corp. (EMBC) Q4 Earnings Expected to Decline

embecta (Nasdaq: EMBC), a global diabetes care company, announced it will ring the Nasdaq opening bell in recognition of National Diabetes Awareness Month.

embecta to Recognize National Diabetes Awareness Month by Ringing Nasdaq Opening Bell

PARSIPPANY, N.J., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company, will host a conference call to discuss its fiscal fourth quarter and full year 2023 financial results, and provide an operational update, including preliminary fiscal year 2024 financial guidance, at 7:00 a.m. Eastern Time (ET) on Tuesday, November 21, 2023.

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