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Embecta Corp. - $EMBC STOCK NEWS

Welcome to our dedicated page for Embecta news (Ticker: $EMBC), a resource for investors and traders seeking the latest updates and insights on Embecta stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Embecta's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Embecta's position in the market.

Rhea-AI Summary

Embecta Corp. reported solid financial results for Q2 and the first half of fiscal year 2024, showcasing resilience in base business and strong operational execution. The company saw revenue growth, increased gross profit and margin, and positive adjusted net income. Strategic highlights include strengthening the base business and investing for growth with FDA review progress on insulin delivery systems.

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End-of-Day
37.88%
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Rhea-AI Summary

Embecta Corp. (EMBC) announced a quarterly cash dividend of $0.15 per share for stockholders, payable on June 14, 2024. The dividend will be given to shareholders of record as of May 28, 2024.

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Rhea-AI Sentiment
End-of-Day
37.88%
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dividends
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Rhea-AI Summary

Embecta Corp. (

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0.99%
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conferences
Rhea-AI Summary
Embecta Corp. to host a conference call to discuss fiscal second quarter 2024 financial results, providing an operational update and Q&A session on May 9, 2024. The live webcast and teleconference will be available for participants.
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0.09%
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conferences earnings
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Revelyst appoints Joe Beck as Chief Supply Chain Officer to lead business transformation and efficiency efforts. Beck brings extensive experience in global supply chain operations and logistics, with a proven track record of success. His strategic vision aligns with Revelyst's goal of becoming the industry's top brands house, driving growth and innovation. Beck's appointment signals a pivotal moment for Revelyst as it restructures its business model and invests in high-potential brands for accelerated growth.
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0.21%
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none
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Embecta Corp. sponsors a symposium at the ATTD conference focusing on insulin pump therapy for T2D care, showcasing six scientific posters. The event aims to enhance informed decision-making for patients with type 2 diabetes.
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Rhea-AI Summary
Embecta Corp. (EMBC) reports strong financial results for the first quarter of fiscal year 2024, with revenues of $277.3 million and various key financial metrics exceeding expectations. The company made progress on strategic priorities, including the 510(k) filing of an open-loop patch pump with the FDA. Despite a slight decrease in U.S. revenues, international revenues saw an increase. The company raised its guidance for certain financial metrics for the year. Embecta also announced a dividend of $0.15 per share.
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End-of-Day
-8.47%
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Rhea-AI Summary
Embecta Corp. (EMBC) has announced a quarterly cash dividend of $0.15 per share for its common stock, payable on March 15, 2024. The dividend is for stockholders of record as of February 28, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.47%
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dividends
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Rhea-AI Summary
Embecta Corp. (EMBC) will host one-on-one investor meetings on February 13, 2024, at the Cliff Lodge, Snowbird, UT. The company aims to engage with investors and provide updates on its business operations and financial performance.
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End-of-Day
1.72%
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conferences
Rhea-AI Summary
Embecta Corp. will host a conference call to discuss its fiscal first quarter 2024 financial results and provide an operational update on February 9, 2024. The company has a 100-year legacy in insulin delivery and invites participants to access the live webcast or teleconference. A webcast replay will also be available on the company's investor relations website.
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Rhea-AI Sentiment
End-of-Day
0.3%
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conferences earnings
Embecta Corp.

Nasdaq:EMBC

EMBC Rankings

EMBC Stock Data

815.32M
53.21M
0.47%
98.75%
5.33%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
United States of America
WILMINGTON