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Merit Medical Systems Inc (MMSI.OQ)

MMSI.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Merit Medical reports sales up 9.4% for the quarter ended June 30, 2016
Wednesday, 27 Jul 2016 04:00pm EDT 

Merit Medical Systems Inc : During upcoming quarters, we expect to complete restructuring and integration of DFINE operations . "We anticipate that we will introduce two new hero products during Q3" . Merit medical reports sales up 9.4% for the quarter ended June 30, 2016 . Q2 Non-GAAP earnings per share $0.26 . Q2 GAAP earnings per share $0.16 . Q2 revenue $151.1 million versus I/B/E/S view $147.8 million .Q2 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.  Full Article

Merit Medical acquires DFINE for $97.5 mln
Wednesday, 6 Jul 2016 09:00am EDT 

Merit Medical : Merit medical acquires DFINE, Inc. . Deal for approximately $97.5 million . Says effect of DFINE acquisition on Merit's non-GAAP earnings for balance of 2016 is expected to be neutral . Deal will increase its gross margin by about 80 basis points on a non-GAAP basis and 55 basis points on a GAAP basis . Merit medical systems inc says deal financed by a group of banks led by Wells Fargo and included Bank Of America, HSBC and U.S. bank. . Says deal expected to be dilutive on a GAAP basis by $0.24 -$0.26 per share due to intangible amortization, one-time reorganization costs . Says in 2017, merit anticipates effect of acquisition on merit's non-GAAP earnings to be $0.05-$0.08 per share . Says in 2017, MERIT anticipates effect of acquisition to be dilutive on a GAAP basis by $0.05-$0.07 per share .Says DFINE has become a wholly-owned subsidiary of Merit.  Full Article

Merit Medical says signed distribution deal with Japan's Piolax Medical Devices
Tuesday, 10 May 2016 09:30am EDT 

Merit Medical Systems Inc : Signed distribution deal with Piolax Medical Devices of Yokohama, Japan for labyrinth noah micro guide wire .Merit intends to begin registration procedures immediately with a goal of introduction in late 2016.  Full Article

Merit Medical Systems Inc gives FY 2016 outlook
Monday, 22 Feb 2016 04:00pm EST 

Merit Medical Systems Inc:Estimates that for FY 2016, absent non-recurring transactions, Merit's revenues will be in the range of $587-$597 million, an increase of approximately 8-10%.estimates that, absent non-recurring transactions, Merit'sGAAP earnings per share for FY 2016 will be in the range of $0.74-$0.80 and non-GAAP earnings per share will be in the range of $0.97-$1.03.  Full Article

Merit Medical Systems acquires HeROGraft From CryoLife, Inc
Thursday, 4 Feb 2016 09:00am EST 

Merit Medical Systems Inc:Announced that it has purchased the HeROGraft device and related assets from CryoLife Inc.  Full Article

Merit Medical names new chief financial officer
Friday, 6 Nov 2015 04:00pm EST 

Merit Medical Systems, Inc:Says it has named Bernard Birkett its Chief Financial Officer, effective immediately.Birkett assumed his new position from Kent W. Stanger.  Full Article

Merit Medical Systems Inc gives FY 2015 mixed outlook
Tuesday, 24 Feb 2015 04:00pm EST 

Merit Medical Systems Inc:Expects FY 2015 revenues to be in the range of $535-$545 mln.Expects FY 2015 GAAP earnings per share to be in the range of $0.63-$0.67.Expects FY 2015 non-GAAP earnings per share to be in the range of $0.85-$0.89.FY 2015 revenue of $551 mln, EPS of $0.81 - Thomson Reuters I/B/E/S.  Full Article

Merit Medical and Bard Access Systems Inc settle dispute
Thursday, 30 Oct 2014 09:30am EDT 

Merit Medical Systems Inc:Announced that Merit and Bard Access Systems have settled a dispute regarding the distribution of the SecureLoc Safety Introducer Needle.Under the terms of a settlement agreement, Bard Access Systems granted Merit a non-exclusive, worldwide license to manufacture and distribute the SecureLoc Safety Introducer Needle under its own trademark, and;.Covenant not to sue Merit for the term of all patents covering the SecureLoc.Both parties agreed to dismiss all claims with prejudice in the litigation pending in the Third District Court in Utah.  Full Article

BRIEF-Merit Medical receives 510(k) clearance for the elation pulmonary dilation balloon

* Merit Medical receives 510(K) clearance for the elation pulmonary dilation balloon Source text for Eikon: Further company coverage: