Intricon Corporation (IIN) Tops Q4 EPS by 1c

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IntriCon Reports 2017 Fourth-Quarter and Full-Year Results

February 12, 2018 4:05 PM EST

Medical and Value Hearing Health Performance Drive Double-Digit Fourth Quarter Sales Gains and Record Year

ARDEN HILLS, Minn.--(BUSINESS WIRE)-- IntriCon Corporation (NASDAQ: IIN), a designer, developer, manufacturer and distributor of miniature and micro-miniature body-worn devices, today announced financial results for its fourth quarter and year ended December 31, 2017.

Highlights:

Record full-year revenue of $88.3 million increased 29.9 percent over 2016; 2017 full-year gross margin of 30.0 percent, also a record, was up from 25.1 percent in the prior year; Fourth-quarter net... More