RTI Surgical (RTIX) Tops Q3 EPS by 3c, Revenues Beat; Offers FY18 Revenue Outlook Below Consensus
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RTI Surgical® Announces Third Quarter 2018 Results
November 1, 2018 7:00 AM EDTStrong Growth in Spine and OEM Franchises Drives Performance
Third Quarter 2018 Highlights:
Revenue increased 4% to $69.1 million Net income of $2.9 million, inclusive of $0.9 million of net non-recurring income Adjusted EBITDA of $9.1 million, or 13% of revenue Company narrows fiscal 2018 outlook rangesALACHUA, Fla.--(BUSINESS WIRE)-- RTI Surgical, Inc. (Nasdaq: RTIX), a global surgical implant company, reported operating results for the third quarter of 2018.
The strength of our third quarter results... More
