Exactech (EXAC) Tops Q4 EPS by 1c

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Exactech 2015 Revenue $241.8 Million, Net Income $14.8 Million, EPS $1.04

February 16, 2016 4:05 PM EST

Q4 Revenue $62.7M, Net Income $4.1M, EPS $0.29

GAINESVILLE, Fla.--(BUSINESS WIRE)-- Exactech, Inc. (Nasdaq: EXAC), a developer and producer of bone and joint restoration products for extremities, knee, hip, spine and biologics, announced today that revenue for 2015 decreased 3% to $241.8 million from $248.4 million in 2014 and 2015 revenue increased 1% on a constant currency basis. Diluted earnings per share for the year was $1.04 based on net income of $14.8 million, representing a 10% decrease compared to net income of $16.5 million or $1.18 diluted earnings per share during 2014.

2015 Full Year Highlights and Segment Performance

Extremity implant... More