Wright Medical Group (WMGI) Misses Q1 EPS by 1c; Reaffirms Guidance

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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