Filing Flows › Embecta (EMBC) › Q4 FY24
Embecta (EMBC) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 11, 2024
Embecta (EMBC) reported revenue of $286M for the fourth quarter fiscal 2024 (Q4 FY24), +1% from a year earlier and +5% from the quarter before. Operating margin was 9.2%, net earnings $14.6M (5.1% of revenue).
Embecta, Q4 FY24: revenue $286M (+2% year over year), operating margin 9.2%, net earnings $14.6M, operating cash flow $26.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $286M | +5% | +1% |
| Operating profit | $26.2M | — | — |
| Net earnings | $14.6M | — | — |
| Operating cash flow | $26.6M | — | -10% |
What changed
Revenue was $286.1M in Q4 FY24, up 1% year over year and up 5% from the previous quarter.
Gross margin was 60.7%, down 3.7 points from a year earlier. Operating profit was $26.2M, a 9.2% margin (unchanged year over year). Of the extra revenue versus a year earlier, 10% reached operating profit, above the 9% margin then. Operating expenses fell 5% while revenue rose 1%. Net earnings were $14.6M, up 143% year over year.
Operating cash flow was $26.6M (down 10% year over year), 182% of net earnings. Non-cash charges added back $9.5M of depreciation and amortization and $6.2M of share-based compensation. Working capital and other items used $3.7M.
Questions
What was Embecta's revenue in the fourth quarter fiscal 2024?
Embecta (EMBC) reported revenue of $286M for the fourth quarter fiscal 2024 (Q4 FY24), +1% from a year earlier and +5% from the quarter before.
Was Embecta profitable in the fourth quarter fiscal 2024?
Operating profit was $26.2M (9.2% of revenue) and net earnings $14.6M.
Source: Embecta 10-K on SEC EDGAR.