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Stock impact report

Orthofix Reports First Quarter 2024 Results [Yahoo! Finance]

Orthofix Medical Inc. (OFIX) 
Last orthofix medical inc. earnings: 2/24 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.orthofix.com
Company Research Source: Yahoo! Finance
Bone Growth Therapies net sales growth of 10%, marking five consecutive quarters with double-digit net sales increases U.S. Spine Fixation net sales growth of 16%, driven by distribution expansion and further penetration in existing accounts Global Orthopedics net sales growth of 5% on a reported basis, primarily driven by U.S. Orthopedic net sales growth of 23% First quarter 2024 net loss of $36 million; Non-GAAP Adjusted EBITDA of $8 million, an increase of $4.5 million, a 220 basis point expansion over prior year Midpoint of full year 2024 net sales guidance raised; range narrowed to $790.0-$795.0 million LEWISVILLE, Texas, May 07, 2024 BUSINESS WIRE )--Orthofix Medical Inc. (NASDAQ:OFIX) today reported its financial results for the first quarter ended March 31, 2024. First quarter net sales were $188.6 million, an increase of 7.7% on a reported basis and 7.5% on a constant currency basis. Net loss was $(36.0) million and earnings per share ("EPS") was $(0.95) on a rep Show less Read more
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