Haemonetics Corp (STU:HAZ)
€ 78.5 +0.50 (+0.64%) Market Cap: 3.58 Bil Enterprise Value: 4.41 Bil PE Ratio: 44.51 PB Ratio: 4.93 GF Score: 85/100

Q3 2026 Haemonetics Corp Earnings Call Transcript

Feb 5, 2026 / 01:00 PM GMT
Release Date Price: €55 (-1.79%)

Key Points

Positve
  • Haemonetics Corp (HAE) delivered a strong quarter, raising full-year revenue, earnings, and free cash flow guidance.
  • Plasma performance continues to accelerate with organic growth excluding CSL at 20% in the quarter and 22% year-to-date.
  • Adjusted earnings per share increased by 10% in the quarter and 11% year-to-date, highlighting the quality and durability of earnings.
  • The company achieved a significant margin expansion, with adjusted gross margin reaching 60.2% in the third quarter.
  • Haemonetics Corp (HAE) generated $74 million of free cash flow in the third quarter, representing a more than threefold increase versus the prior year period.
Negative
  • Interventional technology revenue declined 12% in the quarter and 8% year-to-date, primarily due to softness in esophageal cooling and OEM-related headwinds.
  • Vascular closure revenue declined 4% in the quarter, reflecting challenges in MVP and MVP XL and electrophysiology.
  • Hospital revenue was down 1% in the quarter, with softness in interventional technologies impacting overall performance.
  • The company anticipates a slight step up in the adjusted income tax rate in the fourth quarter, which could impact net income.
  • Haemonetics Corp (HAE) expects interest and tax to be a headwind in the fourth quarter, reflecting a lower tax rate in the prior year and incremental interest expense.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HAE.N - Haemonetics Corp
Q3 2026 Haemonetics Corp Earnings Call
Feb 05, 2026 / 01:00PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentle to the quarter 2026, he hemenetics Corporation earnings conference call.

At this time all participants are on a list and only mode.

After the speaker's presentation, there will be a question-and-answer session.

To ask a question during the session, you would rear when one on your telephone, you would then hear an automated message of fasting your hands raised to withdraw your question, please press 11 again.

Please be advised that today's conference is being recorded.

I would like now to turn the conference over to Olga.

Skayat, Vice President, investor relations and treasury.

Please go ahead.

Good morning and thank you for joining us for humanetics
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