PEKING (dpa-AFX) - Mindray Medical International Ltd. (MR) Monday reported fourth-quarter net income of $55.8 million or $0.47 per share, up from $46.8 million or $0.40 per share last year.
Adjusted net income for the quarter improved to $61.7 million or $0.51 per share from $51.8 million or $0.44 per share last year.
Net revenues for the quarter grew 19.7 percent to $316.1 million from $264.1 million last year. Analysts polled by Thomson Reuters expected revenues of $309.30 million for the quarter.
Looking forward to the full year 2013, the company expects adjusted net income to grow at least 15 percent and revenues to grow at least 17 percent over 2012.
Mindray has declared a cash dividend on its ordinary shares of $0.50 per share, payable on or around April 8, 2013, to shareholders of record as of March 8, 2013.
Copyright(c) 2013 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX