icu medical inc (ICUI) Key Developments
ICU Medical, Inc. - Shareholder/Analyst Call
May 8 15
Annual Meeting of stockholders
ICU Medical, Inc., Annual General Meeting, Jun 15, 2015
May 8 15
ICU Medical, Inc., Annual General Meeting, Jun 15, 2015., at 09:00 Pacific Daylight. Agenda: To elect six directors of the Company to serve for a term of one year or until their successors have been elected and qualified; to ratify the selection of Deloitte & Touche LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2015; to hold an advisory vote to approve named executive officer compensation; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof.
ICU Medical, Inc. Announces Directors Retirement
May 6 15
The Board of Directors of ICU Medical, Inc. adopted a director retirement policy pursuant to which no person may stand for election following his or her 76th birthday and each serving director must resign upon his or her 76th birthday. The policy also requires that as a condition for the nomination of any director who would reach the age of 76 before the end of his or her term, he or she must submit an advance irrevocable resignation that becomes effective on the director's 76th birthday. In accordance with this policy, on April 30, 2015, directors Jack W. Brown and John J. Connors, Esq. delivered letters to the company's Board of Directors tendering their resignations effective as of their respective 76th birthdays, December 13, 2015 and November 21, 2015.
ICU Medical, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
May 5 15
ICU Medical, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, net sales were $81.323 million against $73.113 million a year ago. Total revenue was $81.484 million against $73.230 million a year ago. Income from operations was $10.973 million against $9.877 million a year ago. Income before income taxes was $11.499 million against $10.087 million a year ago. Net income was $9.686 million or $0.60 per diluted share against $6.657 million or $0.43 per diluted share a year ago. Net cash provided by operating activities was $13.251 million against $12.714 million a year ago. Purchases of property and equipment were $2.357 million against $5.908 million a year ago. Intangible asset additions were $0.208 million against $0.120 million a year ago. Adjusted EBITDA was $26.000 million against $16.825 million a year ago. Adjusted diluted earnings per share were $1.02 against $0.54 a year ago. The increase in adjusted EPS was due to strong top line growth, improved gross margin, decreased SG&A expenses and lower tax expense. First quarter adjusted EBITDA increased 55% to $26 million compared to $17 million last year. This increase was due to the same drivers except for tax.
ICU Medical, Inc. to Report Q1, 2015 Results on May 05, 2015
Apr 21 15
ICU Medical, Inc. announced that they will report Q1, 2015 results at 4:00 PM, Eastern Daylight on May 05, 2015