Piper Jaffray Raises Price Target on Vascular Solutions (VASC) to $49 Following 2Q Beat

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Vascular Solutions Reports Second Quarter Results

July 25, 2016 4:05 PM EDT

Revenue increased 10% to $41.2 million, in the top half of guidance rangeAdjusted EPS of $0.33, with corresponding GAAP EPS of $0.31, at the top end of guidanceRaising 2016 revenue guidance to $164 - $166 million, representing an increase of 12% at the midpointRaising 2016 adjusted EPS guidance to $1.22 - $1.26, representing an increase of 12% at the midpoint, with corresponding 2016 GAAP EPS guidance of $0.94 - $0.98

MINNEAPOLIS, July 25, 2016 (GLOBE NEWSWIRE) -- Vascular Solutions, Inc. (Nasdaq: VASC) today reported financial results for the second quarter ended June 30,... More