Merit Medical Systems Poised to Report Revenue Growth in 2024; Shares Jump Premarket

MT Newswires Live
01-14

Merit Medical Systems (MMSI) said late Monday it expects revenue of about $1.355 billion to $1.357 billion for the year ended Dec. 31, a projected increase of about 7.7% to 7.9% from a year earlier.

Analysts polled by FactSet expect $1.348 billion.

Shares of the company rose more than 7% in premarket activity Tuesday.

The company plans to release its financial results and fiscal 2025 guidance on Feb. 25.

Price: 102.99, Change: +7.35, Percent Change: +7.69

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