Embecta restructures again, outlines tariff costs
The diabetes tech company announced a second restructuring after ending its insulin patch-pump program.
Ticker |
EMBC
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CIK | 0001872789 |
SIC | 3841 |
Sector | Manufacturing |
Industry Category | Medical Equipment |
Industry Group | Surgical, Medical, And Dental Instruments And Supplies |
Address | 1209 ORANGE STREET, WILMINGTON, DE, 19801 |
Website | embecta.com |
Phone | 8624010000 |
CEO | Devdatt Kurdikar |
Employees | 1,900 |
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Embecta restructures again, outlines tariff costsThe diabetes tech company announced a second restructuring after ending its insulin patch-pump program. Embecta Second Quarter 2025 Earnings: EPS Beats Expectations, Revenues LagEmbecta ( NASDAQ:EMBC ) Second Quarter 2025 Results Key Financial Results Revenue: US$259.0m (down 9.8% from 2Q 2024... Embecta Corp (EMBC) Q2 2025 Earnings Call Highlights: Strategic Growth Amid Revenue DeclineEmbecta Corp (EMBC) navigates challenges with strategic initiatives and financial resilience despite a year-over-year revenue dip. Why Is Embecta Stock Falling On Friday?Embecta Corp. (NASDAQ:EMBC) posted on Friday the second-quarter 2025 adjusted earnings of 70 cents per share, up from 67 cents a year ago, beating the consensus of 53 cents. The diabetes care company reported sales of $259 million, beating the consensus of $253.94 million. Revenues were down 9.8% on a reported basis, down 7.7% on an adjusted constant currency basis. U.S. revenues decreased 8.4% on both a reported and adjusted constant currency basis. International revenues decreased 11.3% on a r |