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Stock impact report

Merit Medical (MMSI) Q1 Earnings Top Estimates, Margins Up [Yahoo! Finance]

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: Yahoo! Finance
The figure surpassed the Zacks Consensus Estimate by 8.5%. The adjustments include expenses related to the amortization of intangibles, and Medical Device Regulation expenses, among others. GAAP EPS for the quarter was 48 cents compared with 36 cents in the year-ago period. Revenues in Detail Merit Medical registered revenues of $323.5 million in the first quarter, up 8.7% year over year. The figure surpassed the Zacks Consensus Estimate by 2.4%. Total revenues at constant exchange rate (CER) inched up 9.3% year over year, whereas CER, organic revenues increased 7% year over year. Per management, the better-than-expected CER revenue growth in the first quarter was driven by strong organic growth as well as contributions from acquired products. Geographic Results The U.S. sales amounted to $186.1 million, which increased 8.6% on a reported basis and 9.1% at CER year over year. This figure compares to our first-quarter projection of $179.8 million. International sales Show less Read more
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