ICU Medical, Inc. (NASDAQ:ICUI) Q4 2022 Earnings Call Transcript

Vivek Jain: I don’t know if that’s a short-term question. That is a question about how does this feel versus 2021, ’22. I think on the legacy ICU business, the Consumables business is the biggest it’s ever been. And so that has compounded nicely. We feel okay. The LVP business, it’s the biggest it’s been since we’ve had it. We’re still disappointed we didn’t kind of get as much as we would have liked over the last few years. I would say both those businesses has been reasonably predictable for the last 3 or 4 or 5 quarters and the issues that made them even slightly unpredictable there, the lack of supply in oncology, etcetera, are all being improved. I don’t want to say it’s exactly they’re smooth with the Smiths portfolio yet. But it’s like anything. We’ve had our control on it for 3 or 4 quarters. So yes, it is getting better each day but there’s still a lot of work to do on the Smiths portfolios, right? We’ll judge that if we can get those lost revenues back.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Vivek Jain for any closing remarks.

Vivek Jain: Thanks for your continued interest in ICU Medical. We’re glad ’22 is over. We look forward to ’23 and we look forward to updating you very soon because Q1 call will be here before we know it. Thanks, everyone. Appreciate it.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.