ICU Medical: Q4 Earnings Snapshot

SAN CLEMENTE, Calif. (AP) — SAN CLEMENTE, Calif. (AP) — ICU Medical Inc. (ICUI) on Tuesday reported a loss of $17.1 million in its fourth quarter.

On a per-share basis, the San Clemente, California-based company said it had a loss of 71 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to $1.57 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.

The medical device maker posted revenue of $587.9 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $564.8 million.

For the year, the company reported a loss of $29.7 million, or $1.23 per share. Revenue was reported as $2.26 billion.

ICU Medical expects full-year earnings in the range of $4.40 to $5.10 per share.

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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