Orthofix Int'l (OFIX) Misses Q4 EPS by 25c; Guides FY15 Revs Below Views

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Orthofix International Reports Fourth Quarter and Fiscal 2014 Financial Results

April 29, 2015 4:00 PM EDT

Appoints Doug Rice as Chief Financial Officer

LEWISVILLE, Texas--(BUSINESS WIRE)-- Orthofix International N.V. (NASDAQ: OFIX) (the Company, we, us or our), a diversified, global medical device company focused on developing and delivering innovative repair and regenerative solutions to the spine and orthopedic markets, today reported its financial results for the fourth quarter and fiscal year ended December 31, 2014 and announced the appointment of Doug Rice as the Companys new Chief Financial Officer, effective April 24, 2015.

Fourth Quarter Highlights

Net sales were $100.3 million, a decrease of 5.3% on a reported basis... More