Intricon Corporation (IIN) Misses Q4 EPS by 7c, Revenues In-Line; Offers FY19 Revenue Outlook

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IntriCon Reports Fourth Quarter and Full Year 2018 Results

February 19, 2019 4:05 PM EST

Medical and Value Hearing Health Performance Drive Record Quarterly Revenue; Company Provides Guidance for 2019

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, 2018.

Recent Highlights:

Record quarterly revenue of $30.8 million, a 41.1 percent increase over the prior-year fourth quarter; Gross margin of 30.0 percent, consistent with the comparable prior-year period; Net income per share of $0.09 versus $0.05 in the 2017 fourth... More