Symmetry Surgical (SSRG) Reports Q1 EPS of $0.03

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Symmetry Surgical Reports First Quarter 2016 Financial Results

May 5, 2016 8:01 AM EDT

First Quarter 2016 and Recent Highlights:

Achieved 2.2% revenue growth, the fifth consecutive quarter of year-over-year revenue growthGenerated $1.9 million in EBITDA and $3.1 million in free cash flow, a 159% free cash flow conversion$11.2 million in cash at quarter end and no borrowings during the quarterSigned definitive agreement for Symmetry Surgical to be acquired with an equity value of approximately $140 million by an affiliate of RoundTable Healthcare Partners

NASHVILLE, Tenn., May 05, 2016 (GLOBE... More