Merit Medical Systems (MMSI) Tops Q4 EPS by 3c, FY Guidance Tops Views

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Go back to Merit Medical Systems (MMSI) Tops Q4 EPS by 3c, FY Guidance Tops Views

Merit Medical Reports Results for Fourth Quarter and Year Ended December 31, 2016

February 21, 2017 4:01 PM EST

Q4 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