Merit Medical Sees 2023 Reported Prelim. Revenue $1.255B-$1.259B vs $1.25B Est.
Portfolio Pulse from Benzinga Newsdesk
Merit Medical Systems Inc. has reported preliminary revenue for 2023 in the range of $1.255 billion to $1.259 billion, which is slightly above the estimated $1.25 billion.
January 08, 2024 | 2:26 pm
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Merit Medical's preliminary revenue for 2023 exceeds expectations, indicating potential growth and financial health.
Merit Medical's reported preliminary revenue for 2023 is higher than analysts' estimates, which can be seen as a positive indicator of the company's performance and may lead to increased investor confidence. This could result in a short-term positive impact on the stock price as the market reacts to the news.
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