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Merit Medical Systems Inc (MMSI.OQ)

MMSI.OQ on NASDAQ Stock Exchange Global Select Market

58.77USD
22 Mar 2019
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Latest Key Developments (Source: Significant Developments)

Merit Medical Reports Earnings For Fourth Quarter
Wednesday, 27 Feb 2019 

Feb 26 (Reuters) - Merit Medical Systems Inc ::MERIT MEDICAL REPORTS EARNINGS FOR FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2018, GIVES 2019 AND 2020 GUIDANCE.Q4 NON-GAAP EARNINGS PER SHARE $0.48.Q4 GAAP EARNINGS PER SHARE $0.16.Q4 REVENUE $233.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $230.4 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.45 -- REFINITIV IBES DATA.: SEES 2019 NET SALES IN THE RANGE OF $1,011 MILLION - $1,030 MILLION.: SEES 2019 GAAP EARNINGS PER SHARE IN THE RANGE OF $1.02- $1.13.: SEES 2019 NON-GAAP EARNINGS PER SHARE IN THE RANGE OF $1.97 - $2.08.FY2019 EARNINGS PER SHARE VIEW $1.97 -- REFINITIV IBES DATA.FY2019 REVENUE VIEW $1.01 BILLION -- REFINITIV IBES DATA.  Full Article

Merit Medical Acquires Assets Of Vascular Insights, Llc
Monday, 17 Dec 2018 

Merit Medical Systems Inc ::MERIT MEDICAL ACQUIRES ASSETS OF VASCULAR INSIGHTS, LLC.MERIT MEDICAL SYSTEMS INC - PURCHASE PRICE WAS $40 MILLION PLUS ADDITIONAL MILESTONE PAYMENTS.MERIT MEDICAL SYSTEMS INC - MILESTONE PAYMENTS COULD AMOUNT TO ADDITIONAL $20 MILLION IF CERTAIN SALES TARGETS ARE ACHIEVED.MERIT MEDICAL SYSTEMS - ACQUISITION EXPECTED TO BE DILUTIVE TO CO'S 2018 EARNINGS/SHARE ON A GAAP BASIS OF ABOUT $0.03/SHARE.MERIT MEDICAL SYSTEMS INC - MERIT ANTICIPATES ADDITIONAL 2019 REVENUES IN RANGE OF $10-$11 MILLION FROM DEAL.MERIT MEDICAL SYSTEMS - ACQUISITION EXPECTED TO BE DILUTIVE TO CO'S 2018 EARNINGS/SHARE ON A NON-GAAP BASIS OF ABOUT $0.02/SHARE.MERIT MEDICAL SYSTEMS - EFFECT OF ACQUISITION ON MERIT'S EARNINGS FOR 2019 IS EXPECTED TO BE DILUTIVE TO MERIT'S EARNINGS PER SHARE ON A GAAP BASIS.MERIT MEDICAL SYSTEMS - EFFECT OF ACQUISITION ON MERIT'S EARNINGS FOR 2019 IS EXPECTED TO BE ACCRETIVE TO MERIT'S EARNINGS PER SHARE ON A NON-GAAP BASIS.  Full Article

Merit Medical Systems Q3 GAAP Earnings Per Share $0.30
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Merit Medical Systems Inc ::MERIT MEDICAL REPORTS EARNINGS FOR THIRD QUARTER OF 2018.Q3 GAAP EARNINGS PER SHARE $0.30.Q3 EARNINGS PER SHARE VIEW $0.42 -- THOMSON REUTERS I/B/E/S.Q3 NON-GAAP EARNINGS PER SHARE $0.47.MERIT MEDICAL SYSTEMS QTRLY REVENUE OF $221.7 MILLION, UP 23.6 PERCENT .  Full Article

Merit Medical Q3 GAAP Earnings Per Share $0.30
Friday, 26 Oct 2018 

Oct 25 (Reuters) - Merit Medical Systems Inc ::MERIT MEDICAL REPORTS EARNINGS FOR THIRD QUARTER OF 2018.Q3 NON-GAAP EARNINGS PER SHARE $0.47.Q3 GAAP EARNINGS PER SHARE $0.30.Q3 EARNINGS PER SHARE VIEW $0.42 -- THOMSON REUTERS I/B/E/S.QTRLY REVENUE OF $221.7, AN INCREASE OF 23.6%.  Full Article

Merit Medical Signs Agreement To Acquire Cianna Medical
Tuesday, 2 Oct 2018 

Oct 1 (Reuters) - Merit Medical Systems Inc ::MERIT MEDICAL SIGNS AGREEMENT TO ACQUIRE CIANNA MEDICAL, INC..MERIT MEDICAL SYSTEMS INC - DEAL STRUCTURE INCLUDES AN UPFRONT PAYMENT OF $135 MILLION.MERIT MEDICAL - DEAL STRUCTURE INCLUDES UPFRONT PAYMENT OF $135 MILLION, POTENTIAL EARN-OUT PAYMENTS OF $15 MILLION FOR ACHIEVEMENT OF SUPPLY CHAIN METRICS.MERIT MEDICAL - DEAL STRUCTURE ALSO INCLUDES UP TO AN ADDITIONAL $50 MILLION FOR ACHIEVEMENT OF SALES MILESTONES.MERIT MEDICAL SYSTEMS-IN 2019 DEAL WOULD BE NON-ACCRETIVE TO MERIT EARNINGS PER SHARE ON A GAAP BASIS IN RANGE OF $0.06-$0.10 PER COMMON SHARE.MERIT MEDICAL SYSTEMS - IN 2019, DEAL TO BE ACCRETIVE TO MERIT EARNINGS PER SHARE ON A NON-GAAP BASIS IN RANGE OF $0.08-$0.13 PER COMMON SHARE.  Full Article

Merit Medical Announces Pricing Of Public Offering Of Common Stock
Thursday, 26 Jul 2018 

Merit Medical Systems Inc ::MERIT MEDICAL ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK.SAYS PUBLIC OFFERING OF 3.50 MILLION COMMON SHARES PRICED AT $54.00PER SHARE.  Full Article

Merit Medical Systems Q2 GAAP Earnings Per Share $0.21
Tuesday, 24 Jul 2018 

Merit Medical Systems Inc ::MERIT MEDICAL REPORTS RECORD REVENUES FOR SECOND QUARTER OF 2018; MERIT ADJUSTS 2018 GUIDANCE.Q2 NON-GAAP EARNINGS PER SHARE $0.43.Q2 GAAP EARNINGS PER SHARE $0.21.Q2 REVENUE $224.8 MILLION VERSUS I/B/E/S VIEW $214.6 MILLION.Q2 EARNINGS PER SHARE VIEW $0.40 -- THOMSON REUTERS I/B/E/S.SEES 2018 NET SALES $870 MILLION - $880 MILLION.SEES FY NET SALES $870 MILLION - $880 MILLION.SEES 2018 EARNINGS PER SHARE - GAAP $0.80 - $0.90.SEES 2018 EARNINGS PER SHARE NON-GAAP $1.60 - $1.70.FY2018 EARNINGS PER SHARE VIEW $1.65, REVENUE VIEW $849.8 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Merit Medical Systems Q1 Earnings Per Share $0.10
Thursday, 26 Apr 2018 

April 25 (Reuters) - Merit Medical Systems Inc ::MERIT MEDICAL REPORTS RECORD REVENUES FOR FIRST QUARTER OF 2018.Q1 NON-GAAP EARNINGS PER SHARE $0.31.Q1 GAAP EARNINGS PER SHARE $0.10.Q1 REVENUE $203 MILLION VERSUS I/B/E/S VIEW $192.6 MILLION.Q1 EARNINGS PER SHARE VIEW $0.29 -- THOMSON REUTERS I/B/E/S.  Full Article

Merit Medical Entered Into Third Amendment To Second Amended & Restated Credit Agreement & Incremental Increase Agreement
Saturday, 16 Dec 2017 

Dec 15 (Reuters) - Merit Medical Systems Inc ::MERIT MEDICAL SYSTEMS - ON DEC 13, MERIT ENTERED INTO THIRD AMENDMENT TO SECOND AMENDED & RESTATED CREDIT AGREEMENT & INCREMENTAL INCREASE AGREEMENT.MERIT MEDICAL SYSTEMS - AMENDMENT AMENDS CREDIT AGREEMENT BY INCREASING REVOLVING LOAN CREDIT COMMITMENT OF LENDERS UNDER CREDIT AGREEMENT BY $100 MILLION.  Full Article

Merit Medical signs purchase agreement with BD for divestment assets
Thursday, 16 Nov 2017 

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