Merit Medical Systems Inc (MMSI) third-quarter net income was a record $6.1 million or $0.21 per share, compared with $5.2 million or $0.18 per share for the comparable quarter in 2008.
Seven analysts polled by Thomson Reuters estimated earnings of $0.19 per share. Analysts' estimates typically exclude one-time items.
Income from operations was $8.5 million for the third quarter of 2009, compared to $7.2 million for the third quarter of 2008.
The company recorded revenues of $66.8 million for the quarter ended September 30, 2009, an increase of 15% over revenues of $58.2 million for the third quarter of 2008. Analysts expected revenues of $66.40 million.
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