About Merit Medical Systems, Inc. - Common Stock (MMSI)
Merit Medical Systems is a global medical device company that specializes in the development, manufacturing, and marketing of a wide range of medical devices and supplies for various clinical applications. The company focuses primarily on products used in the fields of interventional cardiology, radiology, and critical care, offering innovative solutions that enhance patient care and treatment outcomes. Merit's portfolio includes advanced catheter systems, diagnostic and therapeutic products, as well as specialty surgical devices. With a commitment to quality and innovation, Merit Medical aims to meet the evolving needs of healthcare professionals and improve the overall healthcare experience for patients. Read More
Shares of medical device company Merit Medical Systems (NASDAQ:MMSI)
fell 5.3% in the morning session after a regulatory filing made public showed that hedge fund Edgestream Partners L.P. had significantly reduced its position in the company. The disclosure, filed with the Securities and Exchange Commission, revealed that the fund had cut its holdings in the medical device maker by 40.8%. It is important for investors to note that the sale of 27,363 shares occurred during the first quarter, which ended March 31, 2025. The filing's release comes in the absence of other immediate negative company-specific news or analyst downgrades. The move follows a period of positive developments for Merit Medical, which earlier in July announced a new CEO and strong preliminary revenue growth for the second quarter.
Shares of medical device company Merit Medical Systems (NASDAQ:MMSI)
jumped 4.6% in the afternoon session after Needham reiterated its "Buy" rating and a $108 price target on the stock.
The company expects second-quarter revenue to grow by as much as 14% year-over-year, with foreign exchange headwinds expected to trim approximately $2.3 million from the top line.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the medical devices & supplies - cardiology, neurology, vascular industry, including Merit Medical Systems (NASDAQ:MMSI) and its peers.
Medical device company Merit Medical Systems (NASDAQ:MMSI) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 9.8% year on year to $355.4 million. The company expects the full year’s revenue to be around $1.48 billion, close to analysts’ estimates. Its non-GAAP profit of $0.86 per share was 14.8% above analysts’ consensus estimates.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Medical device company Merit Medical Systems (NASDAQ:MMSI) announced better-than-expected revenue in Q1 CY2025, with sales up 9.8% year on year to $355.4 million. The company expects the full year’s revenue to be around $1.48 billion, close to analysts’ estimates. Its non-GAAP profit of $0.86 per share was 14.8% above analysts’ consensus estimates.
Medical device company Merit Medical Systems (NASDAQ:MMSI)
will be announcing earnings results tomorrow after the bell. Here’s what investors should know.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Merit Medical Systems (NASDAQ:MMSI) and the rest of the medical devices & supplies - cardiology, neurology, vascular stocks fared in Q4.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the medical devices & supplies - cardiology, neurology, vascular industry, including Artivion (NYSE:AORT) and its peers.
