Merit Medical reports Q2 revenue increases

By AuntMinnie.com staff writers

July 25, 2019 -- Disposable products developer Merit Medical Systems posted revenue increases in its second quarter of 2019.

For the period (end-June 30), revenue increased to $255.5 million, rising 13.7% from $224.8 million in 2018. Net income decreased, however, to $6.9 million from $10.9 million in 2018.

For the six-month period, revenue increased to $493.9 million, rising 15.4% from $427.8 million in 2018. Net income was $13.1 million, compared with $16.2 million for the same period last year.


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