Edition:
India

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. 

Company Quote

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17 Oct 2019