ICU Medical’s Net Income Hits Record
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ICU Medical Inc., a San Clemente maker of medical products, posted record fourth-quarter net income of $3.8 million, or 41 cents a share, a gain of 23% from $3.1 million, or 36 cents a share, a year ago. Sales for the quarter rose 26% to $16.6 million.
Net income for the year grew 26% to $11.8 million, or $1.30 a share, from $9.4 million, or $1.08 a share, the previous year. Yearly sales advanced 20% to $56.2 million.
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