LDR Holding (LDRH) Misses Q1 EPS by 2c, Reaffirms Guidance

LDR Holding (NASDAQ: LDRH) reported Q1 EPS of ($0.26), $0.02 worse than the analyst estimate of ($0.24). Revenue for the quarter came in at $42.4 million versus the consensus estimate of $42.9 million.

2016 Guidance

Based on LDR’s results for the quarter ended March 31, 2016, the Company is reaffirming its revenue guidance for the full year 2016 to be in the range of $187.5 million to $189.5 million, or 14.0% to 15.2% growth on a reported basis. Changes in foreign exchange rates are expected to negatively impact 2016 reported revenue by approximately 1.0%. This implies revenues, before any foreign exchange impact, in the range of $189.1 million to $191.1 million for the full year 2016 or 15.0% to 16.2% growth on a constant currency basis.

For earnings history and earnings-related data on LDR Holding (LDRH) click here.

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