Orthofix Int'l (OFIX) Misses Q1 EPS by 23c

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Go back to Orthofix Int'l (OFIX) Misses Q1 EPS by 23c

Orthofix International Reports First Quarter 2015 Financial Results

May 18, 2015 4:00 PM EDT

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 first quarter ended March 31, 2015.

First Quarter Summary

Net sales were $89.8 million. Gross profit was $70.4 million, or 78.5% of net sales. Total net margin was $26.1 million, or 29.1% of net sales. Operating loss was $7.2 million. Adjusted net... More