Merit Medical Reports Earnings For Second Quarter of 2019

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Go back to Merit Medical Reports Earnings For Second Quarter of 2019

Merit Medical Systems, Inc. (MMSI) Misses Q2 EPS by 8c, Revenues Miss; Lowers FY19 EPS/Revenue Guidance Below Consensus

July 25, 2019 4:43 PM EDT

Merit Medical Systems, Inc. (NASDAQ: MMSI) reported Q2 EPS of $0.42, $0.08 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $255.5 million versus the consensus estimate of $258.67 million.

Q2 2019 worldwide revenue of $255.5 million, up 13.7% as reported over Q2 2018Q2 2019 core revenue on a comparable, constant currency basis* up 9.6% over Q2 2018Q2 2019 GAAP EPS was $0.12, compared to $0.21 in Q2 2018Q2 2019 non-GAAP EPS* was $0.42, compared to $0.43 in Q2 2018

There were a number of factors affecting revenues and gross margins during the second quarter, said Fred P. Lampropoulos,... More