MMSI Q2 2023 Earnings — Merit Medical Systems, Inc. Revenue & Financial Results | Market Cap Arena

MMSIMerit Medical Systems, Inc.

$4B

Q2 2023 Earnings

Healthcare Medical - Instruments & Supplies

Income Statement

Revenue

$320M+8.5% YoY

Gross Profit

$153M47.7% margin

Operating Income

$29M9.0% margin

Net Income

$20M6.3% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$12M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$634M

Stockholders' Equity

$1.2B

Cash & Equivalents

$74M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$320M	$295M	+8.5%
Gross Profit	$153M	$135M	+13.1%
Operating Income	$29M	$23M	+23.9%
Net Income	$20M	$15M	+32.3%

Revenue Segments

Cardiovascular

$311M97%

Endoscopy

$9M3%