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Stock impact report

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

Merit Medical Systems, Inc. (MMSI) 
Last merit medical systems, inc. earnings: 4/23 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: merit.com/investors
Company Research Source: GlobeNewswire
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 first nine months of 2024, up 116% year-over-yearCompleted the acquisition of certain assets from EndoGastric Solutions, Inc., which included the EsophyX® Z+, a device intended for the treatment of chronic gastroesophageal reflux diseaseAnnounced positive 6-month findings from a pivotal trial relating to the Wrapsody™ Cell-Impermeable Endoprosthesis** device, which is intended to extend long-term vessel patency in dialysis patientsEntered into an asset purchase agreement for the acquisition of the lead management portfolio of medical devices and certain related ass Show less Read more
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