Greatbatch affirms guidance after Q2 results

|By:, SA News Editor

Greatbatch (GB -3.6%) Q2 results: Sales: $172.1M (+0.5%); Gross Profit: $58.5M (+2.0%); Operating Expenses: $38.9M (-3.2%); Operating Income: $19.5M (+14.0%); Net Income: $12.3M (+25.5%); EPS: $0.48 (+23.1%); Quick Assets: $51.2M (+46.8%).

2014 Guidance: Sales: $685M - 705M; Organic revenue growth: 3 - 6%; non-GAAP EPS: $2.25 - 2.35; GAAP EPS: $1.94 - 1.99.