Orthofix International (OFIX) Tops Q3 EPS by 7c

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Go back to Orthofix International (OFIX) Tops Q3 EPS by 7c

Orthofix Reports Third Quarter 2018 Financial Results

October 29, 2018 4:03 PM EDT

Third Quarter Highlights

Net sales of $111.7 million, an increase of 6.1% compared to prior year or 6.6% on a constant currency basis GAAP net loss from continuing operations was ($1.2) million, or ($0.07) per diluted share, compared to net income of $3.3 million, or $0.18 per diluted share, in the prior year period Adjusted EBITDA as a percentage of net sales, excluding Spinal Kinetics, of 21.1% compared to 20.1% in the prior year period, a 100 basis point increase Adjusted EPS of $0.43 per share, or $0.50 per share excluding Spinal Kinetics... More