Merit Medical Systems Reports Strong First Quarter 2023 Results with Net Income of $20.7 Million

Merit Medical Systems, Inc. (MMSI), a leading global manufacturer and distributor of medical devices, has announced its financial results for the first quarter ended March 31, 2023. The company showcased a remarkable performance in Q1 2023, with notable growth in both net income and revenue.

Net Income Soars to $20.7 Million in Q1 2023

During the first quarter of 2023, Merit Medical Systems reported a significant increase in net income, reaching an impressive $20.7 million. This marks a substantial improvement over the same period last year when the company's net income stood at $10.5 million.

Revenue Surges to $297.6 Million in Q1 2023