earnings
confidence high
sentiment positive
materiality 0.75
Merit Medical Q3 revenue up 7.8% to $339.8M, non-GAAP EPS $0.86, raises guidance
MERIT MEDICAL SYSTEMS INC
2024-Q3 EPS reported
$1.57
revenue$1,001,356,000
- Revenue $339.8M (+7.8% YoY); GAAP EPS $0.48 (+8.0%); non-GAAP EPS $0.86 (+21.1%).
- Non-GAAP operating margin 19.2% vs 17.4% prior year; free cash flow $120M in 9 months (+116%).
- Acquired assets from EndoGastric Solutions (EsophyX Z+ for GERD treatment).
- Entered asset purchase for Cook Medical lead management portfolio; closing expected Nov 1, 2024.
- Raised full-year guidance; specifics not detailed in press release excerpt.