Merit Medical Systems, Inc. (MMSI) Misses Q2 EPS by 2c

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Merit Medical Reports Record Revenues for the Quarter and Six Months Ended June 30, 2014

July 29, 2014 4:00 PM EDT

SOUTH JORDAN, Utah, July 29, 2014 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (Nasdaq: MMSI), a leading manufacturer and marketer of proprietary disposable medical devices used in interventional and diagnostic procedures, particularly in cardiology, radiology and endoscopy, today announced record revenues of $128.9 million for the quarter ended June 30, 2014, an increase of 17% over revenues of $109.9 million for the quarter ended June 30, 2013. Revenues for the six-month period ended June 30, 2014 were a record $248.1 million, compared with $213.8 million for the corresponding period in 2013, an increase of 16%.

Merit's non-GAAP net income for the quarter ended June 30, 2014 was $6.4 million, or $0.15 per... More