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ICU Medical: Q4 Earnings Snapshot

SAN CLEMENTE, Calif. (AP) — SAN CLEMENTE, Calif. (AP) — ICU Medical Inc. (ICUI) on Thursday reported a loss of $15.7 million in its fourth quarter.

On a per-share basis, the San Clemente, California-based company said it had a loss of 64 cents. Earnings, adjusted for non-recurring costs and amortization costs, came to $1.91 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.

The medical device maker posted revenue of $540.7 million in the period. Its adjusted revenue was $535.9 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $529 million.

For the year, the company reported profit of $732,000, or 3 cents per share. Revenue was reported as $2.21 billion.

ICU Medical expects full-year earnings in the range of $7.75 to $8.45 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICUI at https://www.zacks.com/ap/ICUI

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