Merit Medical Systems Q4 Adj. Profit Tops View - Quick Facts

(RTTNews) - Merit Medical Systems Inc. (MMSI) posted fourth-quarter net income $6.5 million or $0.15 per share, compared to $641 thousand or $0.01 per share in the comparable quarter last year.

Non-GAAP net income rose to $9.4 million or $0.22 per share from $6.2 million or $0.15 per share in the prior year quarter. On average, four analysts polled by Thomson Reuters expected the company to earn $0.19 per share. Analysts' estimates typically exclude special items.

Net sales for the quarter were $120.02 million, compared with $102.23 million in the year-ago period, while three analysts expected revenues of $117.26 million.