Merit Medical Systems: Q3 Earnings Insights

Merit Medical Systems: Q3 Earnings Insights

Merit Medical Systems MMSI reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Merit Medical Systems beat estimated earnings by 20.75%, reporting an EPS of $0.64 versus an estimate of $0.53.

Revenue was up $20.15 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 1.55% increase in the share price the next day.

Here's a look at Merit Medical Systems's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.58 0.46 0.52 0.44
EPS Actual 0.73 0.53 0.71 0.52
Revenue Estimate 281.65M 264.69M 271.49M 260.02M
Revenue Actual 294.98M 275.42M 278.49M 267.02M

To track all earnings releases for Merit Medical Systems visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings