Orthofix International (OFIX) Tops Q1 EPS by 2c

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Go back to Orthofix International (OFIX) Tops Q1 EPS by 2c

Orthofix Reports First Quarter 2018 Financial Results

April 30, 2018 4:08 PM EDT

Completes acquisition of Spinal Kinetics

Highlights

Net sales of $108.7 million, an increase of 5.8% compared to prior year or 3.3% on a constant currency basis Net income from continuing operations was $5.2 million compared to a loss of $2.3 million in the prior year period Adjusted EBITDA of $19.7 million compared to $15.7 million in the prior year period, a 25% increase 2018 guidance reaffirmed Acquisition of Spinal Kinetics, Inc. closed April 30, 2018

LEWISVILLE, Texas--(BUSINESS WIRE)-- Orthofix International N.V.... More