MMSI Q3 2023 Earnings — Merit Medical Systems, Inc. Revenue & Financial Results | Market Cap Arena

MMSIMerit Medical Systems, Inc.

$4B

Q3 2023 Earnings

Healthcare Medical - Instruments & Supplies

Income Statement

Revenue

$315M+9.8% YoY

Gross Profit

$142M45.1% margin

Operating Income

$35M11.1% margin

Net Income

$26M8.2% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$51M

Free Cash Flow

$42M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$579M

Stockholders' Equity

$1.2B

Cash & Equivalents

$61M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$315M	$287M	+9.8%
Gross Profit	$142M	$129M	+10.6%
Operating Income	$35M	$19M	+88.3%
Net Income	$26M	$15M	+69.2%

Revenue Segments

Cardiovascular

$306M97%

Endoscopy

$9M3%