Cantel Medical (CMD) Tops Q2 EPS by 4c

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Cantel Medical Reports Financial Results For The Second Quarter Ended January 31, 2017

March 9, 2017 8:00 AM EST

LITTLE FALLS, N.J., March 9, 2017 /PRNewswire/ -- CANTEL MEDICAL CORP. (NYSE: CMD) reported GAAP net income of $18,070,000, or $0.43 per diluted share, on a 16.8% increase in sales to $184,817,000 for the second quarter ended January 31, 2017. This compares with net income of $15,389,000, or $0.37 per diluted share, on sales of $158,271,000 for the second quarter ended January 31, 2016.

Non-GAAP net income increased 23.8% for the second quarter ended January 31, 2017 to $21,551,000, or $0.52 per diluted share, compared with non-GAAP net income of $17,413,000, or $0.42 per diluted share, for the same quarter last year.

Jørgen B. Hansen,... More