Exactech (EXAC) Misses Q2 EPS by 1c

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Go back to Exactech (EXAC) Misses Q2 EPS by 1c

Exactech Q2 2015 Revenue $61.5 Million. Net Income $3.7 Million. Diluted EPS $0.26.

July 28, 2015 4:04 PM EDT

GAINESVILLE, Fla.--(BUSINESS WIRE)-- Exactech, Inc. (Nasdaq: EXAC), a developer and producer of bone and joint restoration products for hip, knee, shoulder and spine, announced today revenue of $61.5 million for the second quarter of 2015, a 4% decrease from $63.9 million in the second quarter of 2014. Net income was $3.7 million, or $0.26 per diluted share, compared to $4.2 million, or $0.30 per diluted share, in the same quarter a year ago.

Second Quarter Segment Performance

The second quarter of 2015 continued to be impacted by a weakened Euro and Japanese Yen relative to the U.S.... More