OrthoPediatrics (KIDS) Misses Q3 EPS by 1c

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Go back to OrthoPediatrics (KIDS) Misses Q3 EPS by 1c

OrthoPediatrics Corp. Reports Third Quarter 2019 Financial Results

November 7, 2019 4:36 PM EST

Record quarterly revenue of $20.7 million, up 31.1% year-over-year

WARSAW, Ind., Nov. 07, 2019 (GLOBE NEWSWIRE) -- OrthoPediatrics Corp. (OrthoPediatrics) (NASDAQ: KIDS), a company focused exclusively on advancing the field of pediatric orthopedics, announced today its financial results for the third quarter ended September 30, 2019.

Third Quarter & Recent Highlights                                                    

Increased total revenue to $20.7 million for third quarter 2019, up 31.1% from $15.8 million in third quarter 2018Generated positive Adjusted EBITDA of $703 thousand for third quarter 2019, up from negative $127 thousand in third quarter 2018Increased the domestic sales organization to 158 consultants up 21.5% from third... More