IRadimed Reports $5.1 Million Q4 Profit
IRadimed Corp. (IRMD) released its fourth-quarter earnings on Thursday, reporting a profit of $5.1 million, or 40 cents per share. Adjusted for stock option expenses, earnings were 44 cents per share.
The Winter Springs, Florida-based company generated revenue of $19.4 million during the quarter. For the full year, IRadimed reported a profit of $19.2 million, or $1.50 per share, on revenue of $73.2 million.
IRadimed anticipates full-year earnings in the range of $1.71 to $1.81 per share, with revenue between $78 million and $82 million.