Cantel Medical (CMD) Tops Q4 EPS by 1c

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Cantel Medical Reports Financial Results for its Fourth Quarter Fiscal Year 2018

September 27, 2018 8:00 AM EDT

LITTLE FALLS, N.J., Sept. 27, 2018 /PRNewswire/ -- Cantel Medical Corp. (NYSE: CMD) today announced financial results for its fourth quarter ended July 31, 2018.

Jørgen B. Hansen, President and Chief Executive Officer, stated, "We are pleased to report record sales and strong earnings performance this quarter. Our 11.4% reported sales increase was driven by organic growth of 7.5%, the impact from acquisitions of 3.4% and a favorable impact from foreign currency of 0.5%. We continue to perform well internationally where sales were up 30.2% overall, driven by Germany and China. Our U.S. business... More