K2M Group (KTWO) Tops Q1 EPS by 4c

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Go back to K2M Group (KTWO) Tops Q1 EPS by 4c

K2M Group Holdings, Inc. Reports First Quarter Revenue Growth of 21% and First Quarter of Fiscal Year 2015 Financial Results; Complex Spine Growth of 19% Year-Over-Year

May 6, 2015 4:16 PM EDT

LEESBURG, Va., May 6, 2015 (GLOBE NEWSWIRE) -- K2M Group Holdings, Inc. (Nasdaq: KTWO) (the "Company" or "K2M"), a global medical device company focused on designing, developing and commercializing innovative and proprietary complex spine and minimally invasive technologies and techniques, today reported financial results for the first quarter ended March 31, 2015.

First Quarter Financial Summary:

Total reported revenue of $50.4 million, up 19.3% year-over-year. Total revenue increased 20.6% year-over-year on a constant currency basis. Domestic revenue of $35.2 million, up 18.1% year-over-year U.S. Complex Spine growth of 19.2% year-over-year U.S. Minimally Invasive Surgery (MIS) growth of 22.6%... More