Xtant Medical Announces Record Full Year 2023 Revenue of $91.3 Million
Xtant Medical Holdings, Inc. (XTNT)
US:NASDAQ Investor Relations:
investor.xtantmedical.com
Company Research
Source: GlobeNewswire
Establishes Full Year 2024 Revenue Guidance of $112 Million - $116 Million BELGRADE, Mont., April 01, 2024 (GLOBE NEWSWIRE) -- Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today reported financial and operating results for the fourth quarter and year ended December 31, 2023. “2023 was a transformative year for Xtant Medical. We achieved record annual revenues of $91.3 million, up 58% year-over-year, on which we generated organic growth of 15% compared to the prior year,” said Sean Browne, President and CEO of Xtant Medical. “Additionally, we successfully integrated three separate businesses that are integral to our growth platform. From a profitability perspective, we increased our annual gross margin by 540 basis points, which helped us achieve three straight quarters of positive adjusted EBITDA. Looking ahead, our 2024 revenue guidance reflects our confidence in buildi
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News
- Xtant Medical Announces Launch of SimpliGraft™ and SimpliMax™ for Chronic and Acute Wounds [Yahoo! Finance]Yahoo! Finance
- Xtant Medical Announces Launch of SimpliGraft™ and SimpliMax™ for Chronic and Acute WoundsGlobeNewswire
- Xtant Medical Holdings, Inc. (AMEX:XTNT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Xtant Medical Announces Record Full Year 2023 Revenue of $91.3 Million [Yahoo! Finance]Yahoo! Finance
- Xtant Medical to Issue Fourth Quarter and Full Year 2023 Financial Results on April 1, 2024GlobeNewswire
XTNT
Sec Filings
- 4/9/24 - Form EFFECT
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- XTNT's page on the SEC website