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Merit Medical Systems Inc (MMSI.OQ)

MMSI.OQ on NASDAQ Stock Exchange Global Select Market

43.80USD
22 Nov 2017
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$0.25 (+0.57%)
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Latest Key Developments (Source: Significant Developments)

Merit Medical signs purchase agreement with BD for divestment assets
Thursday, 16 Nov 2017 06:30am EST 

Nov 16 (Reuters) - Merit Medical Systems Inc ::Merit Medical signs purchase agreement with BD for divestment assets.Merit Medical Systems Inc - ‍purchase price for product lines and related assets to be acquired is $100 million​.Merit Medical Systems Inc - ‍purchase price for product lines and related assets to be acquired is $100 million​.Merit Medical Systems- ‍intends to finance acquisition at closing through borrowings which are currently available under its revolving credit facility​.Merit Medical Systems Inc - ‍transaction is also expected to expand operating margins and increase cash flow​.Merit - ‍has signed asset purchase agreement with bd to acquire certain assets which bd proposes to sell in connection with acquisition of C.R. Bard​.Merit Medical Systems Inc - ‍transaction is expected to be accretive to both GAAP and non-GAAP earnings in 2018 for Merit's shareholders​.Merit Medical Systems Inc - ‍expects acquisition to provide $0.10-$0.19 in adjusted non-GAAP earnings per share accretion in fiscal year 2018​.Merit Medical Systems Inc - ‍ expects deal to be accretive by 50-120 basis points to co's adjusted gross margins over a period of six to twelve months​.  Full Article

Merit Medical reports Q3 loss per share $0.07
Wednesday, 25 Oct 2017 04:01pm EDT 

Oct 25 (Reuters) - Merit Medical Systems Inc :Merit Medical reports results for third quarter 2017.Q3 non-gaap earnings per share $0.32.Q3 gaap loss per share $0.07.Q3 revenue $179.3 million versus I/B/E/S view $181.3 million.Q3 earnings per share view $0.30 -- Thomson Reuters I/B/E/S.Merit Medical Systems Inc - ‍merit is updating its 2017 gaap eps guidance​.Merit Medical Systems Inc - sees ‍2017 gaap eps in range of $0.55 - $0.61​.Merit Medical Systems Inc - ‍reaffirms its guidance previously issued for year ended december 31, 2017 of revenues in range of $722 - $727 million​.Fy2017 earnings per share view $1.26, revenue view $725.5 million -- Thomson Reuters I/B/E/S.  Full Article

Merit Medical Q2 earnings per share $0.19
Wednesday, 26 Jul 2017 04:01pm EDT 

July 26 (Reuters) - Merit Medical Systems Inc :Merit Medical reports record revenue and non-GAAP net income* for second quarter 2017, raises 2017 guidance and gives preliminary 2018-2019 guidance.Q2 non-GAAP earnings per share $0.36.Q2 GAAP earnings per share $0.19.Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.Sees FY 2017 non-GAAP earnings per share $1.23 to $1.28.Sees FY 2017 GAAP earnings per share $0.80 to $0.86.FY 2017 earnings per share view $1.18 -- Thomson Reuters I/B/E/S.Merit Medical Systems Inc sees revenues will be in range of $722-$727 million for year ending December 31, 2017.Fy2017 revenue view $720.1 million -- Thomson Reuters I/B/E/S.  Full Article

Merit Medical reports Q1 earnings per share $0.32
Thursday, 27 Apr 2017 04:01pm EDT 

April 27 (Reuters) - Merit Medical Systems Inc -:Merit Medical reports results for first quarter of 2017.Q1 non-gaap earnings per share $0.28.Q1 gaap earnings per share $0.32.Reaffirms FY 2017 non-gaap earnings per share view $1.15 to $1.20.Sees FY 2017 revenue $713 million to $723 million.Sees FY 2017 gaap earnings per share $0.80 to $0.86.  Full Article

Merit Medical says public offering of 4.50 mln shares priced at $28.25/shr
Wednesday, 22 Mar 2017 08:00pm EDT 

Merit Medical Systems Inc : Merit Medical announces pricing of public offering of common stock .Says public offering of 4.50 million common shares priced at $28.25 per share.  Full Article

Merit Medical Q4 non-gaap EPS $0.31
Tuesday, 21 Feb 2017 04:01pm EST 

Merit Medical Systems Inc : Merit medical reports results for fourth quarter and year ended december 31, 2016 . Q4 non-gaap earnings per share $0.31 . Q4 gaap earnings per share $0.17 . Q4 earnings per share view $0.28 -- Thomson Reuters I/B/E/S . Sees fy 2017 non-gaap earnings per share $1.15 to $1.20 . Sees fy 2017 gaap earnings per share $0.54 to $0.60 . Merit medical systems inc - q4 worldwide revenue of $157.7 million, up 14.0% . Q4 revenue view $160.4 million -- Thomson Reuters I/B/E/S . Merit medical systems inc sees 2017 merit's revenues will be in range of $713-$723 million .Fy2017 earnings per share view $1.14, revenue view $663.4 million -- Thomson Reuters I/B/E/S.  Full Article

Merit Medical acquires products from Argon Medical Devices and Catheter Connections
Monday, 6 Feb 2017 09:25am EST 

Merit Medical Systems Inc : Merit Medical acquires products from Argon Medical Devices and Catheter Connections Inc .Deal transactions were financed with a combination of cash and existing credit facilities, which totaled $48.0 million.  Full Article

Merit Medical Systems sees FY2016 revenue $603.5 mln - $613.5 mln
Wednesday, 26 Oct 2016 05:17pm EDT 

Merit Medical Systems Inc : Sees fy 2016 revenue $603.5 million - $613.5 million .Fy2016 revenue view $606.4 million -- Thomson Reuters I/B/E/S.  Full Article

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