Here are the recent earnings highlights for healthcare company ICU Medical:
In the first quarter, ICU Medical reported earnings of -$39.5 million, compared to -$9.8 million in the same period last year. The earnings per share (EPS) for this quarter was -$1.63, a drop from -$0.41 during the same period in the previous year. However, after making adjustments for certain items, ICU Medical disclosed an adjusted earning of $0.96 per share for this period.
Contrary to analyst projections of $0.82 per share, the company exceeded expectations. However, the company's revenue showed a slight decrease, standing at $566.7 million in the first quarter compared to $568.6 million in the same period last year.
