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Utah Medical Products net income rises 6% in third quarter, but revenue falls 12%

FinanceInternationalTradingView35 s readAI summary
Image: TradingView

Utah Medical Products reported revenue of $8.621 million in the third quarter of 2026, down 12.1% from a year earlier, while net income rose 5.9% to $2.787 million. In the first nine months, revenue fell 12.2% to $25.873 million and net income dropped 7.4% to $8.077 million. The company attributed the sales decline to customer losses, weakness in the Filshie Clip System and lower sales of neonatal devices. Management projects a sales decline of about 7% for 2026.

In 35 seconds

  • Third-quarter revenue: $8.621 million, 12.1% below the $9.812 million of a year earlier.
  • Quarterly net income: $2.787 million, up 5.9%; operating income of $2.795 million, up 7.0%.
  • Over nine months, revenue of $25.873 million (-12.2%) and net income of $8.077 million (-7.4%).
Read the full story at TradingView

IASummary generated by artificial intelligence from a story by TradingView. It may contain errors: the original source prevails.

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