Merit Medical Systems Q3 adjusted EPS $1.12 vs. estimate of $1.04
MMSI•Merit Medical Systems reported Q3 adjusted EPS of $1.12, above the $1.04 estimate, while EPS was $0.70. Adjusted net income was $67.4 million versus a $62.8 million estimate, and full-year revenue guidance was $1.635 billion to $1.642 billion, compared with a $1.637 billion estimate.
1. Q3 results and outlook
Merit Medical Systems reported Q3 EPS of $0.70 and adjusted EPS of $1.12, compared with an estimate of $1.04 for adjusted EPS. Adjusted net income was $67.4 million versus an estimate of $62.8 million. The company’s full-year revenue outlook is $1.635 billion to $1.642 billion, versus an estimate of $1.637 billion.
