Wells Fargo Upgrades Wright Medical (WMGI) to Outperform

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Go back to Wells Fargo Upgrades Wright Medical (WMGI) to Outperform

Wright Medical Group N.V. Reports 2016 First Quarter Financial Results and Increases 2016 Guidance 

May 4, 2016 4:09 PM EDT

  First Quarter 2016 Net Sales of $181 Million As Reported

First Quarter 2016 Global Extremities and Biologics Net Sales Increased 14% on a Pro Forma Constant Currency Basis

First Quarter 2016 Net Loss From Continuing Operations of $39 Million; Significant Progress in Non-GAAP Adjusted EBITDA of $16 Million

Company Increases Full-Year 2016 Net Sales Guidance to $705 Million to $715 Million and Full-Year 2016 Non-GAAP Adjusted EBITDA Guidance to $30 Million to $35 Million 

AMSTERDAM, The Netherlands, May 04, 2016 (GLOBE NEWSWIRE) -- Wright Medical Group... More