Headquartered in Midvale, UT Fiscal year ends December NASDAQ: UTMD utahmed.com
Utah Medical Products Inc specializes in creating and distributing a wide range of medical devices aimed at improving healthcare in neonatal, labor and delivery, and women's health. Their product lineup includes fetal monitoring systems, vacuum-assisted delivery systems, respiratory hoods for infants, blood pressure monitors, and various catheters and surgical tools. They also offer devices for surgical contraception, urinary incontinence treatment, and tissue sampling. Founded in 1978 and based in Midvale, Utah, the company supports hospitals, clinics, and physicians' offices globally, enhancing patient care with innovative medical solutions.
Margin is now doing the work that revenue cannot: the operating margin expanded to 32.4% even as sales fell year over year on sharply lower litigation and amortization costs. Management sees the full-year sales decline easing as the two lost customers drop out of the comparison in Q4.
Huntington Bancshares leads today's dividend payments with $313.2 million heading to shareholders, or 15.5 cents a share, landing October 1. Kulicke & Soffa, Smith & Wesson, Chemung Financial and Utah Medical are also paying out.
Utah Medical Products Inc specializes in creating and distributing a wide range of medical devices aimed at improving healthcare in neonatal, labor and delivery, and women's health.