Merit Medical Systems Inc (MMSI) announced earnings for third quarter that Decreased from last year but beat the Street estimates.
The company's earnings totaled $27.76 million, or $0.46 per share. This compares with $28.44 million, or $0.48 per share, last year.
Excluding items, Merit Medical Systems Inc reported adjusted earnings of $54.93 million or $0.92 per share for the period.
Analysts on average had expected the company to earn $0.83 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 13.0% to $384.16 million from $339.85 million last year.
Merit Medical Systems Inc earnings at a glance (GAAP) :
-Earnings: $27.76 Mln. vs. $28.44 Mln. last year.-EPS: $0.46 vs. $0.48 last year.-Revenue: $384.16 Mln vs. $339.85 Mln last year.
-Guidance:Full year EPS guidance: $3.66 - $3.79Full year revenue guidance: $1.502 - $1.515 Bln
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