MMSI Q1 2024 Earnings — Merit Medical Systems, Inc. Revenue & Financial Results | Market Cap Arena

MMSIMerit Medical Systems, Inc.

$4B

Q1 2024 Earnings

Healthcare Medical - Instruments & Supplies

Income Statement

Revenue

$324M+8.7% YoY

Gross Profit

$152M46.9% margin

Operating Income

$36M11.1% margin

Net Income

$28M8.7% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$24M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.1B

Stockholders' Equity

$1.2B

Cash & Equivalents

$584M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$324M	$298M	+8.7%
Gross Profit	$152M	$138M	+9.7%
Operating Income	$36M	$26M	+36.2%
Net Income	$28M	$21M	+36.4%

Revenue Segments

Cardiovascular

$313M97%

Endoscopy

$10M3%