AI brief of an SEC Form 8-K · ICU Medical (ICUI)

ICU Medical Q2 revenue rises to $596.5 million; net loss widens to $21.4 million

Mixed Impact 4 of 5 earnings Written later

ICU Medical reported second quarter 2024 revenue of $596.5 million, up from $549.3 million a year earlier, but its GAAP net loss widened to $21.4 million, or $0.88 per share, from $9.9 million, or $0.41 per share. The company also narrowed its full-year 2024 guidance, raising the low end of its adjusted diluted EPS range to $4.95 from $4.40, which shareholders will weigh against lower second quarter adjusted EPS of $1.56 versus $1.88.

Key points

  • Second quarter revenue was $596.5 million versus $549.3 million; GAAP gross margin was 35% in both periods.
  • Adjusted diluted EPS was $1.56 versus $1.88, and adjusted EBITDA was $91.3 million versus $98.1 million.
  • FY2024 adjusted EBITDA guidance narrowed to $345 million to $365 million from $330 million to $370 million.
  • FY2024 adjusted diluted EPS guidance updated to $4.95 to $5.35 from $4.40 to $5.10; GAAP net loss guidance narrowed to $(118) million to $(108) million.

The filing

CompanyICU Medical (ICUI)
Form8-K, current report
Filed with the SECAug 7, 2024, 4:19 PM ET
Accession number0000883984-24-000028

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.