Integra reaffirms FY18 adjusted EPS view $2.25-$2.35, consensus $2.30
Reaffirms FY18 revenue view $1.46B-$1.48B, consensus $1.47B. The company now expects revenue and adjusted EPS to be at the high end of the range due primarily to more favorable foreign currency rates. Sees FY18 GAAP EPS 60c-70c. The company added "Given our strong close to the year, the momentum in our businesses, and the benefit of a lower tax rate, we remain confident that we will deliver 5% organic growth and adjusted earnings per share at the high-end of our range. Consistent with previous guidance, we expect first quarter organic growth to be in the low single-digits as we work through the sales channel integration in both of our segments, which we believe will result in higher organic growth in the second half of 2018."