Xtant Medical Holdings (XTNT) Misses Q3 EPS Views; Boosts FY16 Revenue Outlook
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Xtant™ Medical Holdings Reports Record Third Quarter 2016 Results
November 7, 2016 4:30 PM EST*See footnote about the use of pro forma financial information
Third Quarter 2016 Highlights:
Company revenue increased 10.5% to $23.1 million, as compared to pro forma revenue of $20.9 million in third quarter 2015Gross profit increased to $16.0 million, as compared to pro forma third quarter 2015 gross profit of $13.7 millionGross margins expanded to 69.2%, compared to 65.5% for the pro forma third quarter of 2015The Company reported net loss of $4.9 million for the third quarter 2016, compared to a loss of $6.9 million in third quarter 2015The Company reported an... More
