Merit Medical Systems, Inc. · NASDAQ:MMSI

Merit Medical Systems — Q4 2015 Earnings Presentation

11 slides from Merit Medical Systems's earnings presentation, Feb 22, 2016

  1. Slide 1: 4th Quarter & Year-End 2015 Results

    1 4th Quarter & Year-End 2015 Results FRED LAMPROPOULOS Chairman & CEO BERNARD BIRKETT CFO Exhibit 99.2

  2. Slide 2: Disclosure Regarding Forward-Looking Statements

    2 DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS This presentation includes “forward-looking statements” as defined within applicable securities laws and regulators. All statements in this presentation, other than statements of historical fact, are “forward-looking statements”, including any projec

  3. Slide 3: Financial Summary Non-GAAP

    3 Financial Summary Non-GAAP 2015 2014 Q4 2015 Q4 2014 Revenue (Constant Currency) $553.4M $509.7M $141M $132.8M Revenue (Reported) $542.1M $509.7M $138.4M $132.8M Gross Margin 45.6% 46.4% 45.6% 47.4% Net Income $38.5M $33.8M $10.8M $11.3M EPS $0.87 $0.78 $0.24 $0.26

  4. Slide 4: Financial Summary GAAP

    4 Financial Summary GAAP 2015 2014 Q4 2015 Q4 2014 Revenue $542.1M $509.7M $138.4M $132.8M Gross Margin 43.5% 44.2% 43.6% 45.3% Net Income $23.8M $23.0M $6.4M $8.7M EPS $0.53 $0.53 $0.14 $0.20

  5. Slide 5: Sales by Category 2015

    5 Sales by Category 2015 US Direct 44.6% OEM 15.6% Endotek 3.3% International 17.8% EMEA 18.7%

  6. Slide 6: Revenue Growth in Constant Currency

    6 Revenue Growth in Constant Currency 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% 16.00% 18.00% 20.00% US Direct OEM Endotek International EMEA 5.9% 6.2% 19.7% 12.2% 14.3%

  7. Slide 7: 2015 Highlights

    7 2015 Highlights • Launched - ONE Snare® Micro Snare - AEROmini® Tracheobronchial Stent - BAL Convenience Kit™ - Prelude SNAP™ Splittable Sheath Introducer - Performa® Diagnostic Peripheral Catheters - Elation™ Fixed Wire Balloon Dilator Cather - SwiftNINJA® Steerable Microcatheter • Australia offi

  8. Slide 8: 2016 Growth Drivers

    8 2016 Growth Drivers • New Products - HeRO® Graft - Corvocet™ Biopsy Device - Pedal Access - Micropuncture - Centesis Catheters - Amplatz Guide Wires - 40 ATM BasixTouch™ Inflation Device - Prelude® SNAP Hydrophilic - Wire Guided & Pulmonary Balloons • Wholesale to Retail - Australia – January 1 -

  9. Slide 9: 2016 Guidance

    9 2016 Guidance Revenues $587M - $597M Gross Margin GAAP 44.5% - 45.5% Gross Margin Non-GAAP 46.5% - 47.5% EPS GAAP $0.74 - $0.80 EPS Non-GAAP $0.97 - $1.03

  10. Slide 10: Disciplined, customer-focused enterprise

    10 1 2 3 4 Disciplined, customer-focused enterprise Guided by strong core values to globally address unmet or underserved healthcare needs Target high-growth, high-return opportunities Through understanding, innovating, and delivering in peripheral, cardiac, OEM, and endoscopy business lines Optimiz

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