Orthofix Reports First Quarter 2021 Results
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Orthofix International (OFIX) Tops Q1 EPS by 15c, Revenues Beat; Raises FY21 EPS/Revenue Guidance Above Consensus
April 30, 2021 7:08 AM EDTOrthofix International (NASDAQ: OFIX) reported Q1 EPS of $0.17, $0.15 better than the analyst estimate of $0.02. Revenue for the quarter came in at $106 million versus the consensus estimate of $95.61 million.
Net sales of $106 million, up 1% compared to prior year, after a strong recovery in MarchU.S. Spinal Implants net sales grew 19% compared to prior year, as net sales increased for both Spine Fixation and Motion PreservationPerformed the first cervical and lumbar procedures utilizing our new... More