Orthofix International (OFIX) Misses Q1 EPS by 9c
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Orthofix Reports First Quarter 2019 Results
May 6, 2019 4:01 PM EDTNet sales of $109.1 million, an increase of 0.4% compared to prior year and 1.9% on a constant currency basis Biologics products net sales increased 16.6% excluding the contractual reduction in marketing services fee Net income of $0.9 million; compared to net income of $5.2 million in the prior year Adjusted EBITDA of $15.7 million; a decrease of $4.1 million, or 20.5%, compared to prior year Company reiterates full year 2019 guidance First U.S. patients implanted with the M6-C artificial cervical... More
