Wright Medical Group (WMGI) Misses Q1 EPS by 1c; Reaffirms Guidance
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Wright Medical Group (NASDAQ: WMGI) reported Q1 EPS of ($0.09), $0.01 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $177 million versus the consensus estimate of $181.3 million.
- First Quarter 2017 Net Sales of $177 Million
- First Quarter 2017 Net Loss From Continuing Operations of $37 Million; Non-GAAP Adjusted EBITDA From Continuing Operations of Positive $18 Million
- Launched PERFORM™ Reversed Glenoid Shoulder System
- Completed U.S. Sales Force Expansion Ahead of Schedule
- Company Reaffirms Previously Provided 2017 Annual Guidance
For earnings history and earnings-related data on Wright Medical Group (WMGI) click here.
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