Merit Medical Systems Inc. (MMSI) Tops Q3 EPS by 6c, Beats on Revenue; Offers FY24 Guidance

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Go back to Merit Medical Systems Inc. (MMSI) Tops Q3 EPS by 6c, Beats on Revenue; Offers FY24 Guidance

Merit Medical Reports Third Quarter 2024 Results and Raises Full-Year Guidance

October 30, 2024 4:06 PM EDT

Third Quarter 2024 Highlights

Reported revenue of $339.8 million, up 7.8%Constant currency revenue* and constant currency revenue, organic* up 7.9% and up 5.7%, respectivelyGAAP operating margin of 11.0%, compared to 11.1% in prior year periodNon-GAAP operating margin* of 19.2%, compared to 17.4% in prior year periodGAAP EPS $0.48, up 8.0%, and non-GAAP EPS* $0.86, up 21.1%Generated free cash flow* $120 million over the... More