ICU Medical (ICUI) Q3 Revenue Tops Views, Maintains EPS Guidance

ICU Medical (NASDAQ: ICUI) reported Q3 EPS of $1.75, $0.35 worse than the analyst estimate of $2.10. Revenue for the quarter came in at $597.9 million versus the consensus estimate of $570.7 million.

GUIDANCE:

ICU Medical sees FY2022 EPS of $6.20-$6.80, versus the consensus of $6.52.

• The Company is reaffirming its full year 2022 guidance but due to the impact primarily from foreign currency exchange rates, expects to end the fiscal year towards the lower end of the guidance range. The Company’s full year 2022 GAAP net loss is estimated to be in the range of $(95) million to $(81) million and GAAP diluted loss per share estimated to be in the range of $(3.93) to $(3.35). The Company's previously provided adjusted EBITDA was in the range of $350 million to $370 million and adjusted diluted earnings per share was in the range of $6.20 to $6.80.

For earnings history and earnings-related data on ICU Medical (ICUI) click here.

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