ORLANDO, Fla. (AP) — ORLANDO, Fla. (AP) — IRadimed Corp. (IRMD) on Friday reported profit of $6.5 million in its third quarter.
The Orlando, Florida-based company said it had net income of 51 cents per share. Earnings, adjusted for stock option expense, were 55 cents per share.
The maker of IV devices that can be used in MRI machines posted revenue of $24.2 million in the period.
For the current quarter ending in December, iRadimed expects its per-share earnings to range from 57 cents to 61 cents.
The company said it expects revenue in the range of $25 million to $26.5 million for the fiscal fourth quarter.
IRadimed expects full-year earnings in the range of $2.07 to $2.11 per share, with revenue ranging from $91.6 million to $93.1 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
