RTI Surgical Announces Second Quarter 2018 Results
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RTI Surgical (RTIX) Tops Q2 EPS by 2c
August 2, 2018 7:08 AM EDTRTI Surgical (NASDAQ: RTIX) reported Q2 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $70.7 million versus the consensus estimate of $70.19 million.
Highlights:
Second Quarter 2018 revenue of $70.7 millionSecond Quarter 2018 Net loss of $6.4 million, inclusive of $8.5 million of non-recurring chargesSecond Quarter 2018 Adjusted EBITDA of $9.1 million, or 13% of revenueCompleted new $100 million credit agreement increasing borrowing capacity at reduced cost of borrowingOur team is sustaining the momentum generated over the past 18 months, as evidenced by our positive... More
