MMSI Q2 2024 Earnings — Merit Medical Systems, Inc. Revenue & Financial Results | Market Cap Arena

MMSIMerit Medical Systems, Inc.

$4B

Q2 2024 Earnings

Healthcare Medical - Instruments & Supplies

Income Statement

Revenue

$338M+5.6% YoY

Gross Profit

$161M47.7% margin

Operating Income

$46M13.6% margin

Net Income

$36M10.6% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$57M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.1B

Stockholders' Equity

$1.3B

Cash & Equivalents

$639M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$338M	$320M	+5.6%
Gross Profit	$161M	$153M	+5.4%
Operating Income	$46M	$29M	+59.5%
Net Income	$36M	$20M	+76.5%

Revenue Segments

Cardiovascular

$328M97%

Endoscopy

$10M3%

Geographic Segments

UNITED STATES

$195M58%

Non-US

$143M42%