The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Merit Medical Systems, Inc. Investors (MMSI)
Merit Medical Systems, Inc. (MMSI)
Last merit medical systems, inc. earnings: 4/23 04:01 pm
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of investors that acquired Merit Medical Systems, Inc. (“Merit” or the “Company”) (NASDAQ: MMSI) common stock between February 26, 2019 and October 30, 2019, inclusive (the “Class Period”). Merit investors have until February 3, 2020 to file a lead plaintiff motion.If you are a shareholder who suffered a loss, click here to participate.On July 25, 2019, post-market, the Company announced disappointing financial results for second quarter 2019, reporting net income of $6.9 million, or $0.12 per share, compared to $10.9 million, or $0.21 per share for the same period in the prior year. Merit’s Chief Executive Officer cited “a number of factors affecting revenues and gross margins during the second quarter,” including “foreign exchange [and] slower than anticipated conversion and uptake of acquired products.”On this news, the Company’s stock price fell $13.84,
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News
- Merit Medical Systems, Inc. (NASDAQ: MMSI) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $98.00 price target on the stock.MarketBeat
- Merit Medical Systems, Inc. (NASDAQ: MMSI) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Merit Medical Systems, Inc. (NASDAQ: MMSI) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $88.00 price target on the stock.MarketBeat
- Merit Medical Systems, Inc. (NASDAQ: MMSI) is now covered by analysts at CL King. They set a "buy" rating and a $88.00 price target on the stock.MarketBeat
- What Is Merit Medical Systems, Inc.'s (NASDAQ:MMSI) Share Price Doing? [Yahoo! Finance]Yahoo! Finance
MMSI
Earnings
- 2/28/24 - Beat
MMSI
Sec Filings
- 4/2/24 - Form ARS/A
- 4/2/24 - Form ARS
- 4/2/24 - Form DEFA14A
- MMSI's page on the SEC website