How did Merit Medical's revenue and expenses trend in Q4 2024 compared to previous quarters?
4/14/2025 06:13pm
**Merit Medical's revenue showed a consistent upward trend in Q4 2024 compared to previous quarters**, with the total revenue for the quarter being $355.16 million. This marked a significant increase from the previous quarter's revenue of $338 million in Q3 2024. The revenue growth can be attributed to various factors, including a 9.4% increase year-over-year and a 10.1% increase in constant currency revenue.
On the other hand, there was no available data on Merit Medical's expenses in Q4 2024 compared to previous quarters. However, the company reported a 9% increase in operating expenses in Q4 2024, driven by a 6% increase in SG&A expenses and a 26% increase in R&D expenses. This increase in operating expenses could potentially impact the net income and cash flow of the company.
Overall, Merit Medical's revenue trend in Q4 2024 was positive, with a significant increase from the previous quarter, while the increase in operating expenses could be a concern for the company's net income and cash flow.