Disposable products developer Merit Medical Systems posted revenue increases in its second quarter of 2019.
For the period (end-June 30), revenue increased to $255.5 million, rising 13.7% from $224.8 million in 2018. Net income decreased, however, to $6.9 million from $10.9 million in 2018.
For the six-month period, revenue increased to $493.9 million, rising 15.4% from $427.8 million in 2018. Net income was $13.1 million, compared with $16.2 million for the same period last year.
