Skip to main content

Medline: Q1 Earnings Snapshot

NORTHFIELD, Ill. (AP) — NORTHFIELD, Ill. (AP) — Medline Inc. (MDLN) on Wednesday reported first-quarter earnings of $129 million.

On a per-share basis, the Northfield, Illinois-based company said it had profit of 16 cents. Earnings, adjusted for non-recurring costs, were 33 cents per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.

The medical supply company posted revenue of $7.35 billion in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $7.13 billion.

_____

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

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