SeaSpine Reports First Quarter 2019 Financial Results
SeaSpine Holdings Corporation (SPNE)
Last seaspine holdings corporation earnings: 2/26 04:05 pm
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Source: GlobeNewswire
CARLSBAD, Calif., May 01, 2019 (GLOBE NEWSWIRE) -- SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today financial results for the quarter ended March 31, 2019 and updated its financial outlook for 2019. Summary First Quarter 2019 Financial Results Revenue of $36.2 million, an increase of 9% year-over-yearU.S. revenue of $32.0 million, an increase of 8% year-over-year U.S. spinal implants revenue of $14.9 million, a 9% increase year-over-yearU.S. orthobiologics revenue of $17.0 million, an 8% increase year-over-year International revenue of $4.2 million, a 15% increase year-over-year "We were pleased with our performance and execution in the first quarter,” said Keith Valentine, President and Chief Executive Officer. “We remain steadfast in delivering on our vision to develop surgeon-centric, cost effective solutions that combine innovative spinal implant sy
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