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Recap: Merit Medical Systems Q2 Earnings

Merit Medical Systems (NASDAQ:MMSI) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

Benzinga · 07/27/2022 17:59

Merit Medical Systems (NASDAQ:MMSI) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Merit Medical Systems beat estimated earnings by 25.86%, reporting an EPS of $0.73 versus an estimate of $0.58.

Revenue was up $14.65 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 2.38% drop in the share price the next day.

Here's a look at Merit Medical Systems's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.46 0.52 0.44 0.44
EPS Actual 0.53 0.71 0.52 0.62
Revenue Estimate 264.69M 271.49M 260.02M 249.40M
Revenue Actual 275.42M 278.49M 267.02M 280.32M

To track all earnings releases for Merit Medical Systems VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.