Orthofix Reports Fourth Quarter and Fiscal Year 2019 Financial Results
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Orthofix International (OFIX) Misses Q4 EPS by 7c, Revenues Miss; Offers Q1 & FY20 EPS/Revenue Guidance Below Consensus
February 24, 2020 4:06 PM ESTOrthofix International (NASDAQ: OFIX) reported Q4 EPS of $0.51, $0.07 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $121.5 million versus the consensus estimate of $122.99 million.
Fourth Quarter Highlights
Net sales of $121.5 million, an increase of 0.3% compared to prior year period and 0.9% on a constant currency basisKevin Kenny, an experienced spine executive, joins as Global Spine PresidentFDA approval of next generation Bone... More