Skip to main content

IRadimed: Q1 Earnings Snapshot

ORLANDO, Fla. (AP) — ORLANDO, Fla. (AP) — IRadimed Corp. (IRMD) on Friday reported net income of $5.8 million in its first quarter.

The Orlando, Florida-based company said it had profit of 45 cents per share. Earnings, adjusted for stock option expense, were 49 cents per share.

The maker of IV devices that can be used in MRI machines posted revenue of $22 million in the period.

For the current quarter ending in June, iRadimed expects its per-share earnings to range from 44 cents to 48 cents.

The company said it expects revenue in the range of $20 million to $21 million for the fiscal second quarter.

IRadimed expects full-year earnings in the range of $2.06 to $2.21 per share, with revenue ranging from $91 million to $96 million.

_____

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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary