SeaSpine Holdings (SPNE) Commences Public Offering of Common Stock

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SeaSpine Holdings (SPNE) Prices 6.8M Share Common Offering at $12.50/Sh

January 8, 2020 5:52 AM EST

SeaSpine Holdings Corporation (NASDAQ: SPNE) today announced the pricing of its previously announced underwritten public offering of 6,800,000 shares of its common stock at a public offering price of $12.50 per share. The gross proceeds to SeaSpine, before deducting the underwriting discounts and commissions and... More

SeaSpine Holdings (SPNE) reports prelim. Q4 results, expects full-year 2020 revenue to be in the range of $177 to $181 million

January 7, 2020 4:01 PM EST

SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today preliminary financial results for the fourth quarter and full-year 2019, with U.S Spinal Implants revenues expected to reflect growth within the 20% to 21% range.

We are pleased by our overall strong revenue performance in the fourth quarter and, in particular, the growth in excess of 20% in the U.S. Spinal Implants portfolio, said Keith Valentine, President and Chief Executive Officer. Based on the... More