IRadimed: Q2 Earnings Snapshot

WINTER SPRINGS, Fla. (AP) — WINTER SPRINGS, Fla. (AP) — IRadimed Corp. (IRMD) on Thursday reported net income of $4.9 million in its second quarter.

The Winter Springs, Florida-based company said it had profit of 38 cents per share. Earnings, adjusted for stock option expense, came to 42 cents per share.

The maker of IV devices that can be used in MRI machines posted revenue of $17.9 million in the period.

For the current quarter ending in September, iRadimed expects its per-share earnings to range from 38 cents to 41 cents.

The company said it expects revenue in the range of $18 million to $18.2 million for the fiscal third quarter.

IRadimed expects full-year earnings in the range of $1.52 to $1.62 per share, with revenue ranging from $72 million to $74 million.

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