Embecta Corp
For the period ended Mar 31, 2024. Filed May 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
EMBC$6.43+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
| Three Months EndedMarch 31, | Six Months EndedMarch 31, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenues | $287.2 | $277.1 | $564.5 | $552.8 |
| Cost of products sold | 101.8 | 87.3 | 193.2 | 174.2 |
| Gross Profit | $185.4 | $189.8 | $371.3 | $378.6 |
| Operating expenses: | ||||
| Selling and administrative expense | 92.3 | 85.2 | 182.6 | 158.0 |
| Research and development expense | 18.4 | 22.1 | 38.6 | 39.0 |
| Other operating expenses | 35.5 | 26.9 | 65.4 | 37.2 |
| Total Operating Expenses | $146.2 | $134.2 | $286.6 | $234.2 |
| Operating Income | $39.2 | $55.6 | $84.7 | $144.4 |
| Interest expense, net | (27.8) | (26.8) | (55.5) | (52.4) |
| Other income (expense), net | (1.5) | (4.3) | (5.0) | (11.4) |
| Income Before Income Taxes | $9.9 | $24.5 | $24.2 | $80.6 |
| Income tax provision (benefit) | (19.0) | 10.5 | (24.8) | 31.4 |
| Net Income | $28.9 | $14.0 | $49.0 | $49.2 |
| Net Income per common share: | ||||
| Basic | $0.50 | $0.24 | $0.85 | $0.86 |
| Diluted | $0.50 | $0.24 | $0.85 | $0.85 |
Dollar amounts are in millions except per share amounts or as otherwise specified.
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