Cantel Medical (CMD) Tops Q1 EPS by 3c

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Cantel Medical Reports Record Financial Results for its First Quarter Fiscal Year 2018

December 7, 2017 8:00 AM EST

LITTLE FALLS, N.J., Dec. 7, 2017 /PRNewswire/ -- Cantel Medical Corp. (NYSE: CMD) today announced financial results for its first quarter ended October 31, 2017.

Jørgen B. Hansen, President and Chief Executive Officer, stated, "We are pleased to report record sales and earnings performance this quarter. Our 13.3% reported sales increase was driven by organic growth of 8.6%, the impact from acquisitions of 4.3%, and a favorable impact from foreign currency of 0.4%. We continue to outperform internationally where sales were up 39.2% overall, and our US business performed well given tough comparables with 6.9% growth."

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