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Stock impact report

OrthoPediatrics Corp. Reports First Quarter 2024 Financial Results and Increases Full Year 2024 Revenue Guidance

OrthoPediatrics Corp. (KIDS) 
Last orthopediatrics corp. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.orthopediatrics.com
Company Research Source: GlobeNewswire
WARSAW, Ind., May 06, 2024 (GLOBE NEWSWIRE) -- OrthoPediatrics Corp. (“OrthoPediatrics” or the “Company”) (Nasdaq: KIDS), a company focused exclusively on advancing the field of pediatric orthopedics, today announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 and Business Highlights       Helped nearly 28,000 children in the first quarter of 2024, an increase of 47% from the first quarter 2023Generated total revenue of $44.7 million for the first quarter of 2024, up 41% from $31.6 million in first quarter 2023; domestic revenue increased 44% and international revenue increased 33% in the quarterGrew worldwide Trauma & Deformity revenue 42%, worldwide Scoliosis revenue 44%; Sports Medicine/Other revenue increased 5% in the first quarter of 2024 compared to the first quarter of 2023Launched RESPONSE™ Rib and Pelvic Fixation System to treat children with early onset scoliosis ("EOS")Announced acquisition of Boston Orthotics & Prosthetics Show less Read more
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