Merit Medical Systems (MMSI) Tops Q2 EPS by 2c

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Merit Medical Reports Sales Up 9.4% for the Quarter Ended June 30, 2016

July 27, 2016 4:00 PM EDT

Q2 revenue of $151.1 million ($151.7 million in constant currency), up 9.4% as reported, up 9.9% on a comparable, constant currency basis, over Q2 2015YTD revenue of $289.1 million ($291.7 million in constant currency), up 8.0% as reported, up 9.0% on a comparable, constant currency basis, over YTD 2015Q2 non-GAAP EPS was $0.26; Q2 GAAP EPS was $0.16YTD non-GAAP EPS was $0.44, compared to $0.42 for same period in 2015Q2 2016 non-GAAP gross margin was 46.4%, compared to 46.1% in Q2 2015; Q2 2016 GAAP gross margin was 44.3%, compared to 44.1% for Q2 2015YTD 2016 non-GAAP gross margin was 46.1%, compared to 45.5% for same period in 2015; YTD 2016 GAAP gross margin... More