Orthofix (OFIX) Q4 Earnings Beat Estimates, Gross Margin Up [Yahoo! Finance]
Orthofix Medical Inc. (OFIX)
Last orthofix medical inc. earnings: 2/24 04:03 pm
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ir.orthofix.com
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Source: Yahoo! Finance
However, the figure beat the Zacks Consensus Estimate by 1.7%. Per the company earnings release, the comparisons with the year-ago period are carried out on a pro forma basis, which includes the combined results of Orthofix and SeaSpine in 2022. Total Revenues Revenues in the fourth quarter totaled $200.4 million, up 63.9% year over year on a reported basis and 7.5% on a pro forma basis. The metric beat the Zacks Consensus Estimate by 2%. Full-Year Results Orthofix Medical recorded total revenues of $746.6 million in 2023, an increase of 62% on a reported basis and 6% on a pro forma basis. In 2023, the loss per share was $4.12 compared with a pro forma loss of $2.39 in 2022. Segmental Details Across product categories, Bone Growth Therapies ' (BGT) revenues totaled $58.8 million, up 15.3% year over year on a reported basis and pro forma basis. The rise was driven by revenues from the company's most recent bone growth therapy solution for fracture care, which grew nearly
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OFIX
News
- Orthofix Schedules First Quarter 2024 Earnings Release and Conference Call for May 7, 2024 [Yahoo! Finance]Yahoo! Finance
- Orthofix Schedules First Quarter 2024 Earnings Release and Conference Call for May 7, 2024Business Wire
- Orthofix Medical Inc. (NASDAQ: OFIX) had its "market perform" rating re-affirmed by analysts at JMP Securities.MarketBeat
- Lost Money on Orthofix Medical Inc. (OFIX)? You May Have Been Affected by Fraud - Contact Levi & KorsinskyAccesswire
- Orthofix Medical Inc. (OFIX) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their RightsAccesswire
OFIX
Earnings
- 3/5/24 - Beat
OFIX
Sec Filings
- 4/22/24 - Form SC
- 4/22/24 - Form 8-K
- 4/17/24 - Form 4
- OFIX's page on the SEC website