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BRIEF-Merit Medical Announces Asset Purchase Agreement With EndoGastric Solutions
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BRIEF-Merit Medical Announces Asset Purchase Agreement With EndoGastric Solutions
Jul 1, 2024 7:37 AM

July 1 (Reuters) - Merit Medical Systems Inc ( MMSI ):

* MERIT MEDICAL ANNOUNCES ASSET PURCHASE AGREEMENT WITH

ENDOGASTRIC SOLUTIONS, INC.®

* MERIT MEDICAL SYSTEMS INC ( MMSI ): REAFFIRMS FULL-YEAR 2024

FINANCIAL

GUIDANCE ON STANDALONE BASIS

* MERIT MEDICAL SYSTEMS INC ( MMSI ) - ACQUIRES ENDOGASTRIC SOLUTIONS

FOR

$105 MILLION

* MERIT MEDICAL SYSTEMS INC ( MMSI ): ACQUISITION MODESTLY DILUTIVE

TO OUR

FULL YEAR 2024 NON-GAAP PROFITABILITY

* MERIT MEDICAL SYSTEMS ( MMSI ): EXPECT DEAL TO BE ACCRETIVE TO

NON-GAAP

EPS IN FIRST FULL YEAR POST-CLOSING

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