IRadimed: Q3 Earnings Snapshot

Associated Press Finance
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WINTER SPRINGS, Fla. (AP) — WINTER SPRINGS, Fla. (AP) — IRadimed Corp. (IRMD) on Friday reported earnings of $5.1 million in its third quarter.

The Winter Springs, Florida-based company said it had net income of 40 cents per share. Earnings, adjusted for stock option expense, came to 43 cents per share.

The maker of IV devices that can be used in MRI machines posted revenue of $16.5 million in the period.

For the current quarter ending in December, iRadimed expects its per-share earnings to range from 38 cents to 41 cents.

The company said it expects revenue in the range of $16.9 million to $17.4 million for the fiscal fourth quarter.

IRadimed expects full-year earnings in the range of $1.48 to $1.51 per share, with revenue ranging from $65 million to $65.5 million.

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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 IRMD at https://www.zacks.com/ap/IRMD

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