MMSI Q1 2023 Earnings — Merit Medical Systems, Inc. Revenue & Financial Results | Market Cap Arena

MMSIMerit Medical Systems, Inc.

$4B

Q1 2023 Earnings

Healthcare Medical - Instruments & Supplies

Income Statement

Revenue

$298M+8.0% YoY

Gross Profit

$138M46.5% margin

Operating Income

$26M8.9% margin

Net Income

$21M7.0% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$2M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$512M

Stockholders' Equity

$1.2B

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$298M	$275M	+8.0%
Gross Profit	$138M	$121M	+14.4%
Operating Income	$26M	$15M	+73.2%
Net Income	$21M	$11M	+96.3%

Revenue Segments

Cardiovascular

$288M97%

Endoscopy

$10M3%