Mindray Medical (MR) Misses Q4 EPS by 2c, Revenue Falls Short, Offers Guidance

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Mindray Announces 2014 Fourth Quarter and Full Year Results

March 9, 2015 5:00 PM EDT

SHENZHEN, China, March 9, 2015 /PRNewswire/ -- Mindray Medical International Limited ("Mindray", NYSE: MR), a leading developer, manufacturer and marketer of medical devices worldwide, announced today its selected unaudited financial results for the fourth quarter and full year ended December 31, 2014.

Highlights for Fourth Quarter and Full Year 2014

Full year net revenues increased 9.0% year-over-year to $1.3 billion. China net revenues rose 10.1% to $606.7 million for the full year. International sales reached $716.1 million, representing an 8.0% increase from a year ago. In the fourth quarter, China net revenues increased 13.9%... More