Exactech Q2 Revenue $67.3 Million On Continuing Strong Extremities Revenue
EXACTECH (EXAC)
Last exactech earnings: 10/30 04:05 pm
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Source: Business Wire
Q2 Net Income $4.8 Million; Diluted EPS $0.33 GAINESVILLE, Fla.--(BUSINESS WIRE)-- Exactech, Inc. (Nasdaq:EXAC), a developer and producer of bone and joint restoration products and biologic solutions for extremities, knee and hip, announced today that revenue for the second quarter of 2017 increased 2% to $67.3 million from $66.1 million in the second quarter of 2016, and 3% on a constant currency basis. Domestic revenue increased 2% to $45.7 million, and international revenue increased 1% to $21.6 million in the second quarter of 2017. Diluted earnings per share for the second quarter was $0.33 based on net income of $4.8 million, compared to second quarter 2016 net income of $4.4 million and diluted earnings per share of $0.31. Second Quarter Segment Performance Extremities revenue increased 19% to $29.5 million from $24.8 million, a 19% constant currency increase
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