Welcome to our dedicated page for Merit Med Sys news (Ticker: MMSI), a resource for investors and traders seeking the latest updates and insights on Merit Med Sys stock.
News about Merit Medical Systems, Inc. (NASDAQ: MMSI) focuses on its role as a healthcare technology and medical device company engaged in the development, manufacture, and distribution of proprietary devices for interventional, diagnostic, and therapeutic procedures. Company announcements highlight activity in cardiology, radiology, oncology, critical care, and endoscopy, as well as updates on its Cardiovascular and Endoscopy segments.
Investors and healthcare professionals following MMSI news will see earnings releases, financial guidance updates, and segment performance details reported through quarterly results and Form 8-K filings. These updates often include net sales by segment, constant currency revenue figures, and non-GAAP financial measures, along with management commentary on operating performance and outlook.
Merit’s news flow also features product and clinical milestones. The company has issued releases on the WRAPSODY Cell-Impermeable Endoprosthesis (CIE), including regulatory approvals, commercialization strategies, and 24‑month efficacy results from the WAVE trial and related registries in hemodialysis patients. Additional coverage includes updates on the SCOUT Radar Localization system in breast cancer care and milestones in its global utilization.
Another key theme in MMSI news is portfolio expansion through acquisitions. Merit has announced transactions such as the asset purchase agreement to acquire the C2 CryoBalloon device and related technology for gastrointestinal disorders and has reported the closing of this acquisition in subsequent filings. These items provide insight into how the company is broadening its Endoscopy portfolio and entering or expanding in specific therapeutic markets.
Governance and leadership developments, including CEO transitions and changes in board roles, are disclosed via press releases and Form 8-K filings and form an important part of the company’s news record. For readers tracking MMSI, this news page aggregates updates on financial performance, product developments, acquisitions, regulatory milestones, and leadership changes, offering a centralized view of the company’s publicly reported activities.
Merit Medical Systems, Inc. (NASDAQ: MMSI), a manufacturer of disposable medical devices, will announce its financial results for Q4 and FY 2021 on February 24, 2022, after market close. The company will also provide guidance for FY 2022. An investor conference call is scheduled for the same day at 5:00 p.m. Eastern Time. Merit, established in 1987, has a global presence with over 6,700 employees and operates in various medical fields, including cardiology and oncology, serving hospitals worldwide.
Merit Medical Systems (NASDAQ: MMSI) reported Q3 2021 revenue of $267.0 million, a 9.4% increase from Q3 2020. The company achieved a GAAP EPS of $0.21, recovering from a loss of ($0.05) per share last year. Non-GAAP EPS rose to $0.52 from $0.42. The growth was fueled by strong sales in the Cardiovascular segment, particularly in Peripheral and Cardiac Interventions. Merit's non-GAAP gross margin improved to 49.1%, aided by operational efficiencies despite inflationary pressures. The company reaffirmed its full-year revenue growth guidance at 9%-10%.
Merit Medical Systems, Inc. (NASDAQ: MMSI) announced financial results for the quarter ending September 30, 2021, to be released after market close on October 28, 2021. The company will conduct a conference call for investors at 5:00 p.m. Eastern on the same day. Merit is known for its proprietary disposable devices used in various medical fields including cardiology and oncology, employing around 6,700 individuals worldwide with facilities in several countries.
The WRAPSODY FIRST Study revealed promising results for the WRAPSODY Endoprosthesis by Merit Medical Systems (MMSI), showing a 100% target lesion primary patency (TLPP) rate at 30 days and an 84.6% TLPP rate at 12 months among 46 subjects treated for arteriovenous access circuit stenosis. The study indicated a 65.9% access circuit primary patency (ACPP) rate at one year, supporting the device's safety and effectiveness. The company plans a large WAVE Study to further validate these results and pursue FDA approval.
Merit Medical Systems has launched the One-Vac™ Evacuated Drainage Bottle, a device designed to aspirate, remove, or sample body fluids. This innovative product is particularly beneficial for thoracentesis and paracentesis procedures. Its advanced features include an ergonomic handle for easy flow regulation and a durable construction to minimize spills. The launch, praised by early users, supports Merit's expanding drainage portfolio, reflecting the company's commitment to incorporating physician feedback and advancing technologies.
Merit Medical Systems, Inc. (NASDAQ: MMSI) reported Q2 2021 revenue of $280.3 million, a 28.4% increase from Q2 2020. GAAP net income was $4.9 million ($0.09/share), contrasting with a loss of ($19.1 million) last year. Non-GAAP net income reached $35.3 million ($0.62/share), up 103%. The company updated its full-year guidance, projecting net sales between $1,060 - $1,070 million, reflecting a growth of 9% - 10% year-over-year. Cash on hand increased to $70 million, while long-term debt decreased to $293 million.
Merit Medical Systems, Inc. (NASDAQ: MMSI) announced it will release its financial results for Q2 2021 on July 29, 2021, after market close. An investor conference call will follow at 5:00 p.m. Eastern time on the same day. The call can be accessed domestically at (844) 578-9672 and internationally at (508) 637-5656, with a live webcast available on merit.com. Founded in 1987, Merit manufactures disposable medical devices for interventional procedures and serves clients worldwide, employing about 6,500 people across multiple global locations.
Merit Medical Systems (NASDAQ: MMSI) reported Q1 2021 revenue of $248.9 million, up 2.2% from Q1 2020. The GAAP EPS stood at $0.19, a turnaround from a loss of ($0.06) in the previous year. Non-GAAP EPS increased to $0.52 from $0.38. The company's GAAP gross margin was 45.0%, up from 42.6% year-over-year. A strong cash flow of $29 million was generated. For FY 2021, Merit forecasts net revenue between $994 million and $1,014 million, anticipating modest growth in the cardiovascular and endoscopy segments.
Merit Medical Systems, Inc. (NASDAQ: MMSI) will announce its Q1 financial results for the period ending March 31, 2021, on April 29, 2021, after market close. The company will host a conference call at 5:00 p.m. Eastern Time on the same day, with details available on their website. Founded in 1987, Merit specializes in disposable medical devices for interventional procedures across various fields, including cardiology and oncology, serving a global client base.
SOUTH JORDAN, Utah, April 08, 2021 (GLOBE NEWSWIRE) -- Merit Medical Systems (NASDAQ: MMSI), a leader in disposable medical devices for interventional, diagnostic, and therapeutic procedures, will participate in the 20th Annual Needham Healthcare Conference. The event is set for April 15 at 2:15 p.m. ET, featuring a fireside chat with CEO Fred Lampropoulos and CFO Raul Parra. Merit Medical, headquartered in Utah, operates globally with a workforce of about 6,000, catering to hospitals and healthcare facilities across various regions.