BRIEF-Exactech Inc estimates impact from recent hurricanes [Reuters]
EXACTECH (EXAC)
Last exactech earnings: 10/30 04:05 pm
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Source: Reuters
BRIEF-Exactech Inc estimates impact from recent hurricanes | Reuters Reuters Staff 1 Min Read Oct 12 (Reuters) - Exactech Inc * Exactech comments on impact of Hurricanes Irma and Harvey; adjusts Q3 earnings guidance and announces Q3 earnings call * Sees Q3 earnings per share $0.19 to $0.21 * Says ?“storms caused our surgeon customers in affected states to postpone scheduled surgeries, directly affecting our Q3 revenue stream” * Estimated U.S. revenue impact of two hurricanes was approximately $1.2 million to sales in Q3 * Due to hurricane preparation procedures at Gainesville, Sarasota locations, manufacturing, shipping operations lost 2 days of operating capacity * Adjusting Q3 EPS guidance to $0.19-$0.21 per share, reduction of about $0.04 per share from previously issued guidance of $0.23-$0.25/share * Now expect to report approximately $61.4mm in worldwide revenue for Q3? Source text for Eikon: Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a
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