AP NEWS

ICU Medical: 2Q Earnings Snapshot

August 9, 2018

SAN CLEMENTE, Calif. (AP) _ ICU Medical Inc. (ICUI) on Thursday reported second-quarter net income of $31.1 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the San Clemente, California-based company said it had profit of $1.44. Earnings, adjusted for restructuring costs and stock option expense, came to $2.66 per share.

The medical device maker posted revenue of $360.5 million in the period.

ICU Medical expects full-year earnings in the range of $8.30 to $8.70 per share.

ICU Medical shares have climbed 37 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $295.55, a rise of 72 percent in the last 12 months.

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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

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