Cantel Medical (CMN) Tops Q1 EPS by 10c
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Cantel Medical Reports Record Results For The First Quarter Ended October 31, 2015
December 10, 2015 8:00 AM ESTLITTLE FALLS, N.J., Dec. 10, 2015 /PRNewswire/ -- CANTEL MEDICAL CORP. (NYSE: CMN) reported record US GAAP net income of $14,254,000 or $0.34 per diluted share, on a 12.4% increase in sales to a record $153,779,000 for the first quarter ended October 31, 2015. This compares with net income of $11,239,000, or $0.27 per diluted share, on sales of $136,811,000 for the first quarter ended October 31, 2014.
Under non-GAAP financial measures, adjusted net income increased 21% this quarter to $17,120,000, or $0.41 per diluted share, compared with adjusted net income of $14,185,000, or $0.34 per diluted share for the same quarter last year. Â
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