IRadimed: Q2 Earnings Snapshot – mySA

WINTER SPRINGS, Fla. (AP) _ IRadimed Corp. (IRMD) on Friday reported second-quarter net income of $3.2 million.

The Winter Springs, Florida-based company said it had net income of 26 cents per share. Earnings, adjusted for stock option expense, were 27 cents per share.

The maker of IV devices that can be used in MRI machines posted revenue of $12.7 million in the period.

For the current quarter ending in October, iRadimed expects its per-share earnings to range from 22 cents to 25 cents.

The company said it expects revenue in the range of $13.1 million to $13.3 million for the fiscal third quarter.

IRadimed expects full-year earnings in the range of 96 cents to $1.03 per share, with revenue ranging from $52.5 million to $53.2 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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