SOUTH JORDAN, Utah (AP) _ Merit Medical Systems Inc. (MMSI) on Thursday reported third-quarter net income of $12 million, after reporting a loss in the same period a year earlier.

The South Jordan, Utah-based company said it had profit of 21 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, came to 52 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The maker of disposable medical devices posted revenue of $267 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $260.9 million.

Merit Medical expects full-year earnings in the range of $2.07 to $2.22 per share, with revenue in the range of $1.06 billion to $1.07 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MMSI at https://www.zacks.com/ap/MMSI

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