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ICU Medical: 2Q Earnings Snapshot

SAN CLEMENTE, Calif. (AP) _ ICU Medical Inc. (ICUI) on Wednesday reported second-quarter net income of $22.8 million.

The San Clemente, California-based company said it had net income of $1.06 per share. Earnings, adjusted for one-time gains and costs, came to $1.99 per share.

The medical device maker posted revenue of $312.3 million in the period.

ICU Medical expects full-year earnings in the range of $7.55 to $8.15 per share.

ICU Medical shares have risen 7% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $245.67, a decline of 14% in the last 12 months.


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