Merit Medical Systems Inc. (MMSI) reported second quarter EPS of $0.25 after the close Thursday, compared to $0.15 last year. Analysts expected EPS of $0.20.
Merit Medical Systems gapped up Friday and rose sharply during the first half hour of trade. The stock was range-bound for the remainder of the session and closed up by 3.05 at $25.17, with volume at a 3-month high. Merit Medical Systems surged to a new high for the year.
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