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Sep 30, 2021
ICU Medical Q3 2021 Earnings Report
Reported third quarter results generally in line with expectations.
Key Takeaways
ICU Medical announced financial results for the quarter ended September 30, 2021, with revenue of $336.1 million, GAAP gross profit of $127.8 million, and GAAP net income of $31.1 million, or $1.43 per diluted share.
Third quarter revenue was $336.1 million, compared to $318.6 million in the same period last year.
GAAP gross profit for the third quarter of 2021 was $127.8 million, as compared to $113.9 million in the same period last year.
GAAP net income for the third quarter of 2021 was $31.1 million, or $1.43 per diluted share, as compared to GAAP net income of $25.0 million, or $1.16 per diluted share, for the third quarter of 2020.
Adjusted diluted earnings per share for the third quarter of 2021 were $2.07 as compared to $1.90 for the third quarter of 2020.
Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
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Avg. Return Before/After Earnings
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