ICU Medical Raises FY2011 EPS Guidance to $2.35-2.50 vs. $2.30-2.50 Prior

ICU Medical ICUI is raising the bottom end of its previously announced revenue guidance range. The new range is $297 million to $305 million, compared to its previous range of $295 million to $305 million. Based on the current business trends, management is also raising the bottom end of its earnings per share guidance range. The new range is $2.35 to $2.50 per share, compared to its previous range of $2.30 to $2.50 per share. Operating cash flow is expected to be in the range of $45 million to $50 million.