Investing.com - Meridian reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Meridian announced earnings per share of $0.20 on revenue of $65.68M. Analysts polled by Investing.com anticipated EPS of $0.12 on revenue of $63M.
Meridian shares are up 56% from the beginning of the year and are trading at $31.90 , down-from-52-week-high.
Meridian shares lost 0.31% in intra-day trade the report.
Meridian follows other major Healthcare sector earnings this month
Meridian's report follows an earnings beat by Eli Lilly on November 1, who reported EPS of $1.98 on revenue of $6.94B, compared to forecasts EPS of $1.91 on revenue of $6.91B.
AbbVie had beat expectations on October 28 with third quarter EPS of $3.66 on revenue of $14.81B, compared to forecast for EPS of $3.58 on revenue of $14.93B.
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