K2M Group (KTWO) Tops Q4 EPS by 1c

K2M Group (NASDAQ: KTWO) reported Q4 EPS of ($0.21), $0.01 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $54.2 million versus the consensus estimate of $55.47 million.

K2M Group reaffirmed FY2016 guidance.

For the full year 2016, the Company expects:

• Total revenue on an as reported basis in the range of $246 million to $250 million, representing growth of 14% to 16% year-over-year. The Company expects total revenue for the full-year 2016 to be impacted by approximately $1.0 million to $2.0 million as a result of foreign exchange fluctuations.
• Total net loss of approximately $36 million to $42 million, compared to a total net loss of $39.4 million in fiscal year 2015.
• Adjusted EBITDA in a range of $4.0 million to $6.0 million, compared to Adjusted EBITDA of ($142) thousand in fiscal year 2015.

For earnings history and earnings-related data on K2M Group (KTWO) click here.

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