Close

Orthofix Int'l (OFIX) Tops Q3 EPS by 5c, Trims FY Revenue Guidance

Go back to Orthofix Int'l (OFIX) Tops Q3 EPS by 5c, Trims FY Revenue Guidance

Orthofix International Reports Third Quarter 2016 Financial Results

October 31, 2016 4:00 PM EDT

Net sales of $98.5 million, a decrease of 2.6% compared to prior year GAAP net income from continuing operations of $10.4 million; an increase of $11.2 million over prior year Adjusted EBITDA of $23.5 million; an increase of $7.7 million, or 48%, over prior year Company lowers 2016 net sales guidance and raises 2016 GAAP net income and adjusted EBITDA guidance

LEWISVILLE, Texas--(BUSINESS WIRE)-- Orthofix International N.V. (NASDAQ: OFIX) today reported its financial results for the third quarter ended September 30, 2016. For the third... More