UTMD's Q3 Earnings Rise Y/Y on Lower Costs, Orion Acquisition
Utah Medical Products reported Q3 earnings per share up 7% year over year despite a 12.1% revenue decline, with lower operating expenses helping earnings. Management expects a smaller revenue decline for full-year 2026.
Why it matters — The results highlight the contrast between declining revenue and improved earnings, alongside management’s outlook for a less pronounced full-year revenue decline.