Merit Medical(MMSI)
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Merit Medical Systems to Announce Third Quarter 2024 Results on October 30, 2024
GlobeNewswire News Room· 2024-10-09 05:43
SOUTH JORDAN, Utah, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, announced today that it will release its financial results for the quarter ended September 30, 2024, after the close of the stock market on Wednesday, October 30, 2024. Merit will hold its investor conference call on the same day (Wednesday, October 30, 2024) at 5:00 p.m. Eastern (4:00 p.m. Central, 3:00 p.m. Mountain, and 2:00 p.m. Pacific). ...
Merit Medical Stock Gains 24.7% Year to Date: What's Behind the Rally?
ZACKS· 2024-10-09 02:25
Merit Medical Systems, Inc. (MMSI) witnessed strong momentum in the year-to-date period. Shares of the company have rallied 24.7% against the industry’s decline of 1.6%. The S&P 500 composite has risen 20.8% in the same period.With healthy fundamentals and strong growth opportunities, this Zacks Rank #3 (Hold) company appears to be a solid wealth creator for its investors at the moment.Merit Medical provides various peripheral and cardiac intervention products to cure cardiac conditions specific to interven ...
Here's Why You Should Retain Merit Medical Stock in Your Portfolio
ZACKS· 2024-10-04 20:11
Merit Medical Systems, Inc. (MMSI) is well poised for growth in the coming quarters, courtesy of its strong product portfolio. The optimism, led by solid second-quarter 2024 performance and its continued spending on research and development (R&D), is expected to contribute further. However, headwinds due to higher consolidation in the healthcare industry and forex volatility persist.This Zacks Rank #3 (Hold) company has gained 26.6% in the past six months against the 7.8% decline of the industry.The S&P 500 ...
MMSI Stock Likely to Gain From Cook Medical's Product Portfolio Buyout
ZACKS· 2024-09-19 23:56
Merit Medical Systems, Inc. (MMSI) , on Tuesday, signed a definitive asset purchase agreement to purchase Cook Medical’s lead management portfolio for a total cash consideration of approximately $210 million. The acquisition is consistent with MMSI’s Continued Growth Initiatives and should position the company to offer clinicians an increasingly comprehensive set of solutions to support cardiac intervention patients, ranging from diagnosis to post-procedure care.The closing of the proposed transaction is ex ...
Merit Medical(MMSI) - 2024 Q2 - Quarterly Results
2024-09-19 04:25
财务业绩 - 公司第二季度收入为3.38亿美元,同比增长5.6%[5] - 公司第二季度非GAAP毛利率为51.5%,同比提升0.1个百分点[11] - 公司第二季度非GAAP每股收益为0.92美元,同比增长16.8%[12] - 公司预计2024年全年收入将达到13.35-13.45亿美元,同比增长6%-7%[14] - 公司预计2024年全年非GAAP每股收益将达到3.27-3.35美元,同比增长15%-17%[14] - 公司第二季度Cardiovascular业务收入为3.28亿美元,同比增长5.3%[7] - 公司第二季度Endoscopy业务收入为1.02亿美元,同比增长16.0%[7] - 公司第二季度经营活动产生的自由现金流超过8000万美元[6] - 公司总销售额为3.38亿美元,同比增长5.6%[24] - 毛利润为1.61亿美元,毛利率为47.7%[24] - 研发费用为2.03亿美元,占总销售额的6.0%[24] - 经营利润为4.59亿美元,经营利润率为13.6%[24] - 净利润为3.57亿美元,净利率为10.6%[25] - 每股基本收益为0.61美元,每股摊薄收益为0.61美元[26] - 经营活动产生的现金流为1.05亿美元[28] - 公司现金及现金等价物余额为6.39亿美元[31] - 公司第二季度营业收入为3.38亿美元,同比增长5.6%[52] - 剔除汇率影响和收购因素后,第二季度有机收入增长5.0%[53] - 第二季度GAAP营业利润率为13.6%,非GAAP营业利润率为20.1%[48] - 第二季度GAAP净利润为2.02亿美元,非GAAP净利润为4.59亿美元[45] - 第二季度GAAP每股收益为0.35美元,非GAAP每股收益为0.78美元[45] - 上半年GAAP营业利润率为12.4%,非GAAP营业利润率为18.5%[48] - 上半年GAAP净利润为6.40亿美元,非GAAP净利润为9.79亿美元[43] - 上半年GAAP每股收益为1.09美元,非GAAP每股收益为1.67美元[43] - 报告毛利率为47.7%,同比增加0.6个百分点[56] - 非GAAP毛利率为51.5%,同比增加0.1个百分点[57] 业务发展 - 公司在第二季度向FDA提交了WrapsodyTM Cell-Impermeable Endoprosthesis设备的上市申请[6] - 公司于2024年7月1日完成了对EndoGastric Solutions公司的收购[18] - 公司持续投入研发新产品和技术,以及进行市场拓展和并购[50] - 公司完成了最后一年的FFG计划,未来不再调整相关咨询费用[50] - 公司成立于1987年,主要从事医疗器械的研发、制造和销售[58] - 公司在全球拥有700多名销售和临床支持团队,员工总数约7000人[58] - 公司收购EGS后预计将实现预期的财务成果和产品协同效应[59] - 公司将继续推进产品研发、市场拓展和并购等战略举措[59] - 公司拥有多项专利和注册商标[61] - 公司将继续专注于医疗器械领域的创新和发展[58] 风险因素 - 公司面临供应链、原材料价格上涨、监管等多方面风险和挑战[59] - 公司未来的财务表现和发展前景存在不确定性[59,60]
Merit Medical Stock Falls Despite Positive WRAPSODY Trial Results
ZACKS· 2024-09-19 01:26
Merit Medical Systems, Inc(MMSI) announced favorable 6-month results from the randomized arteriovenous (AV) fistula arm of its pivotal WRAPSODY Arteriovenous Access Efficacy (WAVE) trial. The data were presented at the Cardiovascular and Interventional Radiological Society of Europe.The WAVE trial is evaluating WRAPSODY, a cell-impermeable endoprosthesis, in dialysis patients for maintaining vessel patency. Data from the AV fistula arm expands upon the previously completed first-in-human study, WRAPSODY FIR ...
Merit Medical Signs Agreement to Purchase Lead Management Portfolio from Cook Medical
GlobeNewswire News Room· 2024-09-17 19:00
Asset acquisition of Cook Medical’s end-to-end lead management product portfolio strengthens Merit’s existing electrophysiology and CRM business Asset acquisition projected to add approximately $40 million of revenue, on an annualized basis beginning in fiscal year 2025, with a solid growth profile serving an underpenetrated global lead management market Merit reaffirms full-year 2024 financial guidance previously issued on August 1, 2024, and updates full-year 2024 financial guidance to include the project ...
Merit Medical Gains 26.4% Year to Date: What's Driving the Stock?
ZACKS· 2024-09-14 01:31
Merit Medical Systems (MMSI) witnessed strong momentum in the year-to-date period. Shares of the company have rallied 26.4% against the industry’s decline of 1%. The S&P 500 Composite has risen 16.3% in the same period.With healthy fundamentals and strong growth opportunities, this Zacks Rank #3 (Hold) company appears to be a solid wealth creator for its investors at the moment.South Jordan, UT-headquartered Merit Medical provides various peripheral and cardiac intervention products to cure cardiac conditio ...
Merit Medical to Present at the 2024 Cardiovascular and Interventional Radiological Society of Europe (CIRSE) Annual Congress
GlobeNewswire News Room· 2024-09-11 21:25
文章核心观点 - 公司将在CIRSE会议上发布两项重要临床试验的最新进展[1][2] - 公司将在CIRSE会议上举办两场卫星研讨会,分别介绍膝关节滑膜动脉高血管生成的临床管理和维持长期血液透析患者通畅性的临床证据及治疗策略[2] - 公司创始人Fred Lampropoulos表示很荣幸能参加CIRSE会议,与医生合作伙伴和所有参会的介入放射科医生进行交流[2] 公司概况 - 公司成立于1987年,专注于开发、制造和分销用于介入、诊断和治疗程序的专有一次性医疗器械,主要应用于心脏病学、放射学、肿瘤学、危重监护和内镜学等领域[3] - 公司在全球范围内拥有销售团队和临床支持团队,总计超过700人[3] - 公司在全球范围内雇佣约7,100名员工[3]
Merit Medical(MMSI) - 2024 Q2 - Earnings Call Transcript
2024-08-04 05:52
财务数据和关键指标变化 - 公司第二季度总收入为3.38亿美元,同比增长5.6%,按固定汇率计算同比增长6.6%,超出了公司之前给出的指引范围 [14][15] - 公司非GAAP毛利润和营业利润分别同比增长6%和11%,毛利率和营业利润率分别同比提升15个基点和92个基点 [16] - 公司第二季度实现了近5800万美元的自由现金流,创下公司历史新高,上半年自由现金流超过8200万美元,同比增长超过5倍 [17] 各条业务线数据和关键指标变化 - 心血管业务收入同比增长6%,是总收入增长的主要驱动力 [35] - 外周介入产品销售同比增长11%,是心血管业务增长的主要来源 [36] - 定制手术解决方案产品销售同比增长3%,好于公司预期的低个位数下滑 [37] - 心脏介入产品销售同比增长1.5%,略高于公司预期 [38] - OEM产品销售同比增长5%,低于公司预期 [39][40] - 内窥镜业务销售同比增长16%,超出公司预期 [41] 各个市场数据和关键指标变化 - 美国市场销售同比增长8.5%,有机同比增长6%,略低于公司预期 [42][43] - 国际市场销售同比增长4%,有机同比增长3.8%,超出公司预期 [44] - 亚太地区销售同比下降1%,好于公司预期的10%-11%下滑 [44] - 中国销售同比下降5%,好于公司预期的20%左右下滑 [45][46] 公司战略和发展方向及行业竞争 - 公司宣布收购EndoGastric Solutions公司资产,交易金额约1.05亿美元,此次收购在战略和财务上都有积极意义 [28][29][30][31][32] - 公司WRAPSODY产品已完成临床试验报告并向FDA提交上市申请,计划在欧洲和美国重要医学会议上发布临床数据 [22][23][24] - 公司任命Joe Wright为总裁,加强了管理团队,并增选Silvia M. Perez为董事会新成员 [25][26][27] 管理层对经营环境和未来前景的评论 - 公司对2024年全年的财务表现保持乐观,有信心实现更新后的财务指引 [17][18] - 公司预计2024年第三季度总收入同比增长5.7%-7.1%,按固定汇率计算同比增长6.4%-7.8% [66][67] - 公司预计2024年第三季度非GAAP营业利润率为18%-18.7%,非GAAP每股收益为0.77-0.82美元 [68] 其他重要信息 - 公司宣布新产品获FDA 510(k)认证并在美国和澳大利亚上市,包括Siege血管栓塞器和Bearing nsPVA Express预充注射器 [19][20][21] - 公司推出新的basixSKY充气设备,补充了公司的充气设备产品线 [20][21] 问答环节重要的提问和回答 问题1 **Jason Bednar 提问** 询问公司对下半年业务的看法,以及中国市场的假设 [74][76][77][128][129][130][131] **Raul Parra 回答** 公司对下半年保持乐观,中国市场第一半年表现好于预期,但公司对第二半年的VBP影响假设未变 [128][129][130][131] 问题2 **Mike Matson 提问** 询问EndoGastric Solutions收购对销售团队的影响 [83][84][85][86][87][143][144][145][146][147] **Fred Lampropoulos 和 Joe Wright 回答** 公司将整合EndoGastric Solutions的销售团队,预计增加销售人员约50%,并利用现有客户关系实现协同 [84][85][86][87][143][144][145][146][147] 问题3 **Larry Biegelsen 提问** 询问公司如何在支架市场与Gore和BD竞争,以及WRAPSODY产品是否有机会获得过渡付费(TPT)资格 [94][95][96][97][98] **Fred Lampropoulos 回答** 公司相信WRAPSODY技术优势明显,未来会在临床数据和定价等方面进一步披露竞争优势 [95][96][97][98]