Cantel Medical (CMN) Tops Q3 EPS by 8c

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Cantel Medical Announces Record Financial Results for Third Quarter 2016

June 8, 2016 8:00 AM EDT

LITTLE FALLS, N.J., June 8, 2016 /PRNewswire/ -- CANTEL MEDICAL CORP. (NYSE: CMN) today reported US GAAP net income of $14,019,000, or $0.34 per diluted share, on a 22.8% increase in sales to a record $173,703,000 for the third quarter ended April 30, 2016. This compares with US GAAP net income of $12,356,000 or $0.30 per diluted share, on sales of $141,508,000 for the third quarter ended April 30, 2015. For the nine months ended April 30, 2016, the Company reported record US GAAP net income of $43,662,000, or $1.05 per diluted share on a 17.4% increase in sales to a record $485,753,000. This compares with US GAAP net... More