IRadimed Corp shares fall on expecting a drop in 2019 revenue

IRADIMED

22/01/2019 16:13

** Medical device maker's shares  IRMD.O  fall as much as
7.4 pct to $23.9 
    ** Co expects a 2 pct drop in FY 2019 revenue on temporary
suspension of sales of its 3880 MRI compatible patient vital
signs monitors in European Commission markets, due to CE Mark
expiration  urn:newsml:reuters.com:*:nGNX74V3Bn
    ** Says the suspension does not impact product sales in the
US and other markets that do not require CE Mark for importing
    ** Expects to resolve the matter before the end of second
quarter
    ** IRMD climbed 61.5 pct in 2018

 (Reporting by Manogna Maddipatla)
 ((Reuters Messaging:
manojna.kalyani.thomsonreuters.com@reuters.net))