Cantel Medical (CMD) Reports In-Line Q1 EPS

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Cantel Medical Reports Financial Results for its First Quarter Fiscal Year 2019

November 29, 2018 8:00 AM EST

LITTLE FALLS, N.J., Nov. 29, 2018 /PRNewswire/ -- Cantel Medical Corp. (NYSE: CMD) today announced financial results for its first quarter ended October 31, 2018.

Jørgen B. Hansen, President and Chief Executive Officer, stated, "We are pleased to report good sales and non-GAAP earnings performance this quarter, and a return to strong growth in our medical segment. Our 6.0% reported sales increase was driven by organic growth of 4.3%, the impact from acquisitions of 2.3%, and an unfavorable impact from foreign currency of 0.6%. We continue to perform well internationally where sales were up 9.3% overall,... More