NASDAQ$UTMD

Utah Medical Products Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Utah Medical Products' Q4 2019 performance was marked by increased revenues and net income, driven by direct sales of the Filshie Clip System and OEM growth.

Utah Medical Products reported a strong fourth quarter in 2019, with a 21.3% increase in revenues and a 28.5% increase in net income compared to the same period in 2018. The company benefited from direct sales of the Filshie Clip System and growth in OEM product sales. Earnings per share also saw a significant increase, reflecting the company's improved profitability.

  • Revenue increased by 21.3% due to higher U.S. sales of the Filshie Clip System and OEM product sales.
  • Gross profit increased by 28%, reflecting improved sales and productivity.
  • Operating income increased by 9.6%, driven by higher gross profit exceeding amortization expenses.
  • Net income increased by 28.5% due to increased sales and a favorable tax estimate adjustment.

Headline financials

Total Revenue

$11.8M

Previous: $9.76M+21.3%
EPS (adj)

$1.01

Previous: $0.94+7.4%
Capital Expenditures

$288K

Previous: $147K+95.9%
Free Cash Flow

$5.35M

Previous: $4.34M+23.5%
Net Income

$4.36M

Previous: $3.39M+28.5%
Operating Income

$4.68M

Previous: $4.27M+9.6%
Gross Profit

$7.81M

Previous: $6.11M+28.0%
Cash & Equivalents

$42.8M

Previous: $51.1M-16.3%
Total Assets

$110M

Previous: $99.8M+10.0%
Stock-Based Comp

$28K

Previous: $11K+154.5%

Revenue & EPS history

Utah Medical · Revenue · Quarterly

$11.8M

Q4 2019+21.3%vs Q4 2018

Revenue by segment

Utah Medical · $7.98M total across 3 segments · Q1 2022

  • Direct Sales
    $3.99M
  • OEM Sales
    $2.72M+42.6%
  • Filshie Device Sales
    $1.28M

Forward guidance

Management believes overall UTMD year 2020 USD-denominated consolidated revenues are likely to not increase more than in the range of low single percentage digits.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-0.1%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+0.7%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+6.8%

Q2 2019

Best reaction

-11.7%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%-4.3%-7.5%
Q4 2025+1.2%+1.9%+9.5%
Q3 2025-1.1%-1.9%-6.0%
Q1 2025-0.2%+0.9%+4.3%
Q4 2024-1.8%-4.6%-6.9%
Q3 2024-0.3%-0.2%+1.4%
Q2 2024-7.4%-7.2%-8.6%
Q1 2024-1.8%-1.4%-0.2%
Q4 2023-4.3%-7.0%-15.2%
Q3 2023-3.1%+0.0%+4.2%
Q2 2023+0.0%+0.5%-2.8%
Q1 2023+0.8%+0.8%-0.6%
Q4 2022+3.9%+5.5%+4.7%
Q3 2022+3.5%-1.3%-0.1%
Q2 2022+3.6%+6.3%+6.7%
Q1 2022-1.2%-3.1%-4.6%
Q4 2021-3.4%-0.3%-5.9%
Q3 2021+4.7%+1.7%+30.7%
Q2 2021+0.2%+2.9%-0.2%
Q1 2021+0.6%+0.8%-0.4%
Q4 2020+3.5%+5.7%+0.8%
Q3 2020-3.4%-1.7%+6.3%
Q2 2020-5.3%-7.6%-6.7%
Q1 2020-1.8%+4.5%+11.7%
Q4 2019-11.7%-13.9%-16.2%
Q3 2019+1.1%+7.1%+9.2%
Q2 2019+6.8%+9.3%+15.6%
Q1 2019-0.8%-1.5%-5.2%
Q4 2018+3.4%+5.1%-5.2%
Q3 2018+0.7%+1.7%+8.8%
Q2 2018-1.7%+2.1%-5.8%
Q1 2018-2.2%-2.7%-2.7%
Q4 2017-0.2%+0.2%-3.0%
Q3 2017+0.3%+1.1%+6.6%
Q2 2017-0.4%-2.7%-1.1%
Q1 2017+0.4%-0.2%+3.7%
Q4 2016-1.2%+1.0%+1.1%
Q3 2016+0.8%+1.1%+10.4%
Q2 2016-1.3%-2.0%-2.6%
Q1 2016+1.8%
Q4 2015+0.9%
Q3 2015+4.6%
Q2 2015-3.2%
Q1 2015+2.1%
Q4 2014-4.7%
Q3 2014-0.0%
Q2 2014+2.8%
Q1 2014-6.5%
Q4 2013+1.4%
Q3 2013-0.7%
Q2 2013+0.7%
Q1 2013+3.6%
Q4 2012+6.8%
Q4 2011+6.8%
Q3 2012+1.9%
Q2 2012-0.1%
Q1 2011-0.1%
Q1 2012-0.7%
Q4 2009-0.8%
Q3 2010-2.3%
Q3 2011-2.3%
Q4 2010-1.4%
Q2 2011-1.4%
Q2 2010-1.4%
Q1 2010+4.4%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro