K2M Group (KTWO) Tops Q2 EPS by 1c, Maintains FY Guidance

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K2M Group Holdings, Inc. Reports Second Quarter 2016 Financial Results; Reaffirms Fiscal Year 2016 Outlook

August 3, 2016 4:01 PM EDT

LEESBURG, Va., Aug. 03, 2016 (GLOBE NEWSWIRE) -- K2M Group Holdings, Inc. (Nasdaq: KTWO) (the "Company" or "K2M"), a global medical device company focused on designing, developing and commercializing innovative and proprietary complex spine and minimally invasive spine technologies and techniques, today reported financial results for the second quarter ended June 30, 2016.

Second Quarter 2016 Financial Summary:

Total reported revenue of $59.2 million, up 5.1% year-over-year. Total revenue increased 5.3% year-over-year on a constant currency basis.Domestic revenue of $45.2 million, up 9.2%... More