Merit Medical Systems Inc. (MMSI) Tops Q1 EPS by 12c, Revenues Beat; Withdraws FY20 Guidance

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Go back to Merit Medical Systems Inc. (MMSI) Tops Q1 EPS by 12c, Revenues Beat; Withdraws FY20 Guidance

Merit Medical Reports Earnings for Quarter Ended March 31, 2020, Withdraws FY 2020 Guidance

April 23, 2020 4:01 PM EDT

Q1 2020 worldwide revenue of $243.5 million, up 2.2% as reported over Q1 2019Q1 2020 core revenue on a constant currency basis* up 3.0% over Q1 2019Q1 2020 GAAP loss per share was $(0.06), compared to GAAP EPS of $0.11 in Q1 2019Q1 2020 non-GAAP EPS* was $0.38, compared to $0.37 in Q1 2019

*  Core revenue on a constant currency basis, non-GAAP EPS, non-GAAP net income, non-GAAP operating margin, non-GAAP gross margin and free cash flow 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... More