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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.

Embecta Corp. (Nasdaq: EMBC) is a leading medical technology company, dedicated to developing innovative technologies, services, and solutions that advance clinical therapies for patients and enhance clinical processes for healthcare providers. The company’s core products include the BD Pyxis, PureWick, and Phasix, which have significantly impacted healthcare delivery and patient outcomes.

Embecta has recently celebrated an important milestone, marking 100 years since the development of the first syringe dedicated to insulin delivery. This heritage underscores its deep-rooted commitment to improving the lives of people with diabetes. Embecta’s global impact is further enhanced through partnerships with leading advocacy and professional groups, striving to raise awareness and provide better solutions for diabetes care.

Financially, Embecta has shown robust performance, consistently demonstrating strong revenue growth. The company's Board of Directors recently declared a quarterly cash dividend of $0.15 per share, payable on September 13, 2023. Embecta regularly evaluates its financial results on both a reported and Constant Currency basis to provide a clear picture of its operational performance, excluding the effects of currency fluctuations.

Embecta continues to spearhead significant projects and initiatives. For instance, its recent symposium at the Advanced Technologies & Treatments for Diabetes (ATTD) international conference showcased the company’s commitment to innovative insulin pump therapies for type 2 diabetes. Furthermore, Embecta has been proactive in responding to regulatory requirements like the EU MDR and GDPR, ensuring compliance while continuously improving its products and services.

With approximately 2,000 dedicated employees worldwide, Embecta leverages its rich legacy and innovative spirit to empower people with diabetes to live their best lives. Through strategic partnerships and a relentless focus on quality and reliability, Embecta remains at the forefront of diabetes care.

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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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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.
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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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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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Embecta Corp. (EMBC) announces the submission of a 510(k) premarket filing to the FDA for a proprietary disposable insulin delivery system, addressing the needs of people with type 2 diabetes. The company aims to provide a simplified and convenient option for automated insulin delivery, offering a larger 300U insulin reservoir, and plans to develop a closed-loop version with an insulin-dosing algorithm in the future.
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Embecta Corp. (EMBC) to Present at J.P. Morgan Healthcare Conference on January 10, 2024
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Embecta Corp. (EMBC) issues a statement regarding the U.S. FDA Safety Communication on plastic syringes, clarifying that the notice only applies to products made in China and has no impact on their production or sale. The company emphasizes its 100-year legacy of quality and innovation, assuring customers of its commitment to healthcare.
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Embecta Corp. (EMBC) to participate in investor events at 2023 Mizuho Medical Device and Healthcare Services Summit and 2023 MedTech Madness Annual West Coast Bus Tour
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Embecta Corp. (EMBC) reported financial results for the fiscal year 2023, showing better than expected performance during each quarter, with strong performance in the fiscal fourth quarter. The company's strategic priorities include investing in the development of a type 2 closed loop insulin delivery system.
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Embecta Corp. (EMBC) declares a quarterly cash dividend of $0.15 per share for its common stock, payable on December 15, 2023, to stockholders of record as of December 4, 2023.
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FAQ

What is the current stock price of Embecta (EMBC)?

The current stock price of Embecta (EMBC) is $20.23 as of December 20, 2024.

What is the market cap of Embecta (EMBC)?

The market cap of Embecta (EMBC) is approximately 1.2B.

What does Embecta Corp. specialize in?

Embecta Corp. is a medical technology company focused on developing innovative technologies, services, and solutions that advance clinical therapies for patients and enhance clinical processes for healthcare providers.

What are some of Embecta's key products?

Some of Embecta's key products include BD Pyxis, PureWick, and Phasix, which have significantly impacted healthcare delivery and patient outcomes.

How long has Embecta been involved in diabetes care?

Embecta has been involved in diabetes care for nearly 100 years, celebrating its legacy in insulin delivery solutions.

What recent financial milestone has Embecta achieved?

Embecta's Board of Directors declared a quarterly cash dividend of $0.15 per share, payable on September 13, 2023.

How does Embecta report its financial results?

Embecta reports its financial results on both a reported and Constant Currency basis to provide a clear picture of its operational performance, excluding the effects of currency fluctuations.

What strategic initiatives is Embecta currently focusing on?

Embecta focuses on innovative projects like insulin pump therapies for type 2 diabetes and compliance with regulatory requirements such as the EU MDR and GDPR.

How does Embecta contribute to diabetes awareness?

Embecta collaborates with leading advocacy and professional groups to raise awareness and provide better solutions for diabetes care.

Where are Embecta's main manufacturing operations located?

Embecta's main manufacturing operations for plastic insulin syringes are located in Holdrege, Nebraska.

How does Embecta support its workforce?

Embecta leverages the passion and expertise of its approximately 2,000 employees worldwide, supporting them through strategic initiatives and a focus on quality and reliability.

What is the significance of Embecta's recent symposium at ATTD?

The symposium highlighted the significance of insulin pump therapy for type 2 diabetes, showcasing Embecta's commitment to innovative diabetes care solutions.

Embecta Corp.

Nasdaq:EMBC

EMBC Rankings

EMBC Stock Data

1.18B
57.57M
0.47%
98.23%
3.07%
Medical Instruments & Supplies
Surgical & Medical Instruments & Apparatus
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United States of America
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