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Merit Medical Systems Inc  (MMSI)
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Price: $74.1800 $0.93 1.270%
Day's High: $75.04 Week Perf: 3.73 %
Day's Low: $ 73.44 30 Day Perf: 1.77 %
Volume (M): 381 52 Wk High: $ 85.62
Volume (M$): $ 28,270 52 Wk Avg: $74.79
Open: $73.44 52 Wk Low: $62.58



 Market Capitalization (Millions $) 4,323
 Shares Outstanding (Millions) 58
 Employees 7,800
 Revenues (TTM) (Millions $) 1,257
 Net Income (TTM) (Millions $) 94
 Cash Flow (TTM) (Millions $) 529
 Capital Exp. (TTM) (Millions $) 37

Merit Medical Systems Inc
Merit Medical Systems Inc is a leading manufacturer and marketer of disposable medical devices used in interventional, diagnostic and therapeutic procedures. The company was founded in 1987 by Fred P. Lampropoulos, who is the current CEO and Chairman of the Board of Directors.

Merit Medical Systems operates in three main business segments: Cardiovascular, Endoscopy and Peripheral Intervention. Its products range from vascular access products, such as catheters and guidewires, to embolization devices and drainage catheters. The company also provides customized kits and trays for specific procedures.

The headquarters of Merit Medical Systems is located in Salt Lake City, Utah, USA, but it has more than 5,000 employees worldwide and operations in more than 60 countries. The company has a strong global presence, with distribution centers in Europe, Asia, Latin America and the Middle East.

Merit Medical Systems is known for its commitment to innovation and its focus on customer satisfaction. It invests heavily in research and development to develop new products and improve existing ones. The company has also acquired several other medical device companies over the years to expand its product portfolio and global reach.

Merit Medical Systems has received numerous awards and recognitions for its products and services. It has been named among the best places to work in Utah and has been recognized for its commitment to sustainability and social responsibility.

In conclusion, Merit Medical Systems Inc is a leading medical device company with a global presence in the interventional, diagnostic and therapeutic procedures market. The company has a long history of innovation, customer satisfaction, and commitment to sustainability and social responsibility.


   Company Address: 1600 West Merit Parkway South Jordan 84095 UT
   Company Phone Number: 253-1600   Stock Exchange / Ticker: NASDAQ MMSI
   


   

Stock Performances by Major Competitors

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Product Service News

Merit Medical Introduces Micro ACE: An Innovative Solution for Successful Micro-Access Procedures

Published Tue, Mar 19 2024 1:25 PM UTC

Merit Medical, a leading manufacturer and distributor of medical devices, has recently launched the Micro ACE Advanced Micro-Access System. This groundbreaking technology aims to revolutionize micro-access procedures, providing a unique balance of stiffness and resiliency to effectively address challenging cases. In this article, we will explore the features and benefits of ...

Merit Medical Systems Inc

Despite Strong Revenue Growth, Merit Medical Systems Inc. Sees Decline in Earnings for Q4 2023

As a financial analyst covering Merit Medical Systems Inc, I have dug deep into the recent financial results released by the company for the fourth quarter of 2023. Despite a substantial increase in revenue of 10.442% to $324.05 million, the company saw a decline in earnings per share (EPS) of -18.93% to $0.47 per share. This decline in EPS may be concerning to investors, especially considering the 6.1% improvement in income from the previous reporting period.
One factor that may have contributed to the decline in EPS is the company's shift in focus towards boosting sales, as indicated by the 10.5% increase in operating earnings to $33.612 million. While this may have impacted the bottom line in the short term, it shows a strategic decision to invest in growth opportunities. Additionally, the increase in accounts receivable and the rise in operating earnings point to rising demand and a positive outlook for future revenue growth.

Management Announcement

Merit Medical Systems Inc Receives FDA Clearance for SCOUT MD Surgical Guidance System, Advancing Breast Cancer Care with Precise Tumor Excision Capabilities

Published Thu, Feb 15 2024 2:25 PM UTC


Merit Medical Receives FDA 510(k) Clearance for SCOUT MD Surgical Guidance System
Merit Medical Systems Inc, a leading manufacturer of medical devices, has recently announced that it has received FDA 510(k) clearance for its SCOUT MD Surgical Guidance System. This new guidance system is seen as a significant advancement in breast cancer care, as it allows for the pr...

Financing Agreement

Merit Medical Sets New Heights with Upsized Private Offering of $650.0 Million in Convertible Senior Notes Due 2029

Published Wed, Dec 6 2023 2:01 PM UTC

Merit Medical Systems, Inc., a prominent global manufacturer and marketer of healthcare technology, recently disclosed the pricing of $650.0 million in Convertible Senior Notes due 2029. This private placement offering was exclusively available to qualified institutional buyers recognized under Rule 144A of the Securities Act of 1933, as amended. The company has also granted...

Stock Market Announcement

Merit Medical's Planned $550 Million Private Placement Aligns with Strong Share Price Performance

Published Mon, Dec 4 2023 9:05 PM UTC



In a recent press release, Merit Medical Systems, Inc. (Nasdaq: MMSI) announced its plans to offer $550 million in aggregate principal amount of Convertible Senior Notes due 2029. This private placement will be exclusively available to qualified institutional buyers under Rule144A of the Securities Act of 1933. Concurrently, Merit aims to grant the initial purchase...






 

Merit Medical Systems Inc's Segments
 
 
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  Revenue Outlook
Merit Medical Systems Inc does not provide revenue guidance.

Earnings Outlook
Merit Medical Systems Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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