Xtent, Inc. (XTNT) Prelim. Q1 Rev. Misses Consensus

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Xtant Medical Pre-Announces First Quarter 2016 Revenue

April 19, 2016 5:50 PM EDT

Core recurring revenue to increase 7% to 8% over first quarter 2015The Company reiterates full-year 2016 revenue guidance of $94 million to $99 million and EBITDA guidance of $4.3 million to $6.3 million

BELGRADE, Mont., April 19, 2016 (GLOBE NEWSWIRE) -- Xtant Medical Holdings, Inc. (NYSE MKT: XTNT), a leader in the development of regenerative medicine products and medical devices, pre-announced that its first quarter 2016 revenue is expected to be in the range of $20.9 million to $21.1 million, which compares to pro forma combined revenue of $21.7 million for the first quarter of 2015.

"As discussed during our fourth... More