Merit Medical Systems (MMSI) Tops Q1 EPS by 1c, Revenues Beat

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Merit Medical Reports Earnings for Quarter Ended March 31, 2019

April 23, 2019 4:01 PM EDT

Q1 2019 worldwide revenue of $238.3 million, up 17.4% as reported over Q1 2018Q1 2019 core revenue on a comparable, constant currency basis* up 10.0% over Q1 2018Q1 2019 GAAP EPS was $0.11, compared to $0.10 in Q1 2018Q1 2019 non-GAAP EPS* was $0.37, compared to $0.31 in Q1 2018

* Core revenue on a constant currency basis, non-GAAP EPS, non-GAAP net income and non-GAAP gross margin are non-GAAP financial measures. A reconciliation of these and other non-GAAP financial measures used in this release to their most directly comparable GAAP financial measures is included under the heading Non-GAAP Financial Measures below.

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