Merit Medical Systems ( (MMSI) ) has shared an announcement.
Merit Medical Systems reported strong financial results for the fourth quarter and full year of 2024, with a 9.4% increase in quarterly revenue to $355.2 million and a 7.9% rise in annual revenue to $1.357 billion. The company also completed key acquisitions and received FDA approval for a new device, positioning itself for continued growth in 2025 with projected revenue increases of 8% to 10%.
More about Merit Medical Systems
Merit Medical Systems, Inc. is a leading global manufacturer and marketer of healthcare technology, focusing on cardiovascular and endoscopy devices. The company is known for its innovative medical devices that enhance patient care and improve clinical outcomes.
YTD Price Performance: 7.74%
Average Trading Volume: 474,519
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.03B
Learn more about MMSI stock on TipRanks’ Stock Analysis page.