MMSI Q4 2023 Earnings — Merit Medical Systems, Inc. Revenue & Financial Results | Market Cap Arena

MMSIMerit Medical Systems, Inc.

$4B

Q4 2023 Earnings

Healthcare Medical - Instruments & Supplies

Income Statement

Revenue

$323M+10.2% YoY

Gross Profit

$135M41.8% margin

Operating Income

$33M10.1% margin

Net Income

$28M8.5% margin

EPS (Diluted)

$0.47

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$54M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.1B

Stockholders' Equity

$1.2B

Cash & Equivalents

$587M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$323M	$293M	+10.2%
Gross Profit	$135M	$135M	+0.5%
Operating Income	$33M	$30M	+7.7%
Net Income	$28M	$33M	-17.3%

Revenue Segments

Cardiovascular

$315M97%

Endoscopy

$9M3%