Orthofix Int'l (OFIX) Misses Q1 EPS by 23c
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Orthofix International Reports First Quarter 2015 Financial Results
May 18, 2015 4:00 PM EDTLEWISVILLE, Texas--(BUSINESS WIRE)-- Orthofix International N.V. (NASDAQ: OFIX) (the Company, we, us or our), a diversified, global medical device company focused on developing and delivering innovative repair and regenerative solutions to the spine and orthopedic markets, today reported its financial results for the first quarter ended March 31, 2015.
First Quarter Summary
Net sales were $89.8 million. Gross profit was $70.4 million, or 78.5% of net sales. Total net margin was $26.1 million, or 29.1% of net sales. Operating loss was $7.2 million. Adjusted net... More