Merit Medical Systems (MMSI) Tops Q4 EPS by 3c, FY Guidance Tops Views
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Merit Medical Reports Results for Fourth Quarter and Year Ended December 31, 2016
February 21, 2017 4:01 PM ESTQ4 worldwide revenue of $157.7 million ($159.0 million on a comparable, constant currency* basis), up 14.0% as reported (up 14.9% on a comparable, constant currency* basis) over Q4 2015FY16 worldwide revenue of $603.8 million ($608.8 million on a comparable, constant currency* basis), up 11.4% as reported (up 12.3% on a comparable, constant currency* basis)Q4 core revenue* up 7.9% over Q4 2015; FY16 core revenue* up 7.6% over FY15Q4 GAAP EPS was $0.17; Q4 non-GAAP EPS* was $0.31FY16 GAAP EPS was $0.45; FY16 non-GAAP EPS* was $1.01Q4 2016 GAAP gross margin was 44.5%, compared to 43.6% in Q4 2015; Q4 2016 non-GAAP gross margin* was 48.4%, compared to 45.6% for Q4... More
