Merit Medical Systems Q2 2024 Adj EPS $0.92 Beats $0.87 Estimate, Sales $338.00M Beat $334.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Merit Medical Systems (NASDAQ:MMSI) reported Q2 2024 earnings per share of $0.92, surpassing the analyst estimate of $0.87. The company also reported sales of $338.00 million, exceeding the estimate of $334.55 million. This represents a 5.61% increase in sales compared to the same period last year.
August 01, 2024 | 8:23 pm
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Merit Medical Systems (NASDAQ:MMSI) reported Q2 2024 earnings per share of $0.92, beating the analyst estimate of $0.87. The company also reported sales of $338.00 million, exceeding the estimate of $334.55 million. This represents a 5.61% increase in sales compared to the same period last year.
The positive earnings and revenue results, both beating analyst estimates, are likely to have a positive short-term impact on MMSI's stock price. The year-over-year sales increase further supports a positive outlook.
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