Merit Medical Reports Record Revenues for Second Quarter of 2018; Merit Adjusts 2018 Guidance

Go back to Merit Medical Reports Record Revenues for Second Quarter of 2018; Merit Adjusts 2018 Guidance

Merit Medical Systems, Inc. (MMSI) PT Raised to $67 at Needham & Company

July 24, 2018 6:31 AM EDT

Needham & Company raised its price target on Merit Medical Systems, Inc. (NASDAQ: MMSI) to $67.00 (from $54.00) while maintaining a Buy rating.

Analsyt Mike Matson commented, "MMSI's 2Q18 revenue and EPS beat consensus. Management raised its 2018 revenue and EPS guidance but lowered its 2018 gross margin... More

Merit Medical Systems (MMSI) Tops Q2 EPS by 3c; Raises Outlook

July 23, 2018 4:04 PM EDT

Merit Medical Systems (NASDAQ: MMSI) reported Q2 EPS of $0.43, $0.03 better than the analyst estimate of $0.40. Revenue for the quarter came in at $224.8 million versus the consensus estimate of $214.63 million.

GUIDANCE:

Merit Medical Systems sees FY2018 EPS of $1.60-$1.70, versus... More