Merit Medical Systems (MMSI) Tops Q3 EPS by 3c

Merit Medical Systems (NASDAQ: MMSI) reported Q3 EPS of $0.26, $0.03 better than the analyst estimate of $0.23. Revenue for the quarter came in at $157 million versus the consensus estimate of $155.06 million.

Merit’s non-GAAP net income per share estimate remains at $0.97-$1.03.

Lampropoulos also reported that Merit received a subpoena from the U.S. Department of Justice requesting documents and other information regarding certain marketing and promotional practices relating to the Company's products. “We are in the process of responding to the subpoena and intend to cooperate,” Lampropoulos said. “As we deem appropriate, we intend to provide updates regarding the matter in the future.”

For earnings history and earnings-related data on Merit Medical Systems (MMSI) click here.

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