Orthofix Int'l (OFIX) Tops Q3 EPS by 5c, Trims FY Revenue Guidance

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Go back to Orthofix Int'l (OFIX) Tops Q3 EPS by 5c, Trims FY Revenue Guidance

Orthofix International Reports Third Quarter 2016 Financial Results

October 31, 2016 4:00 PM EDT

Net sales of $98.5 million, a decrease of 2.6% compared to prior year GAAP net income from continuing operations of $10.4 million; an increase of $11.2 million over prior year Adjusted EBITDA of $23.5 million; an increase of $7.7 million, or 48%, over prior year Company lowers 2016 net sales guidance and raises 2016 GAAP net income and adjusted EBITDA guidance

LEWISVILLE, Texas--(BUSINESS WIRE)-- Orthofix International N.V. (NASDAQ: OFIX) today reported its financial results for the third quarter ended September 30, 2016. For the third... More