Orthofix International (OFIX) Tops Q2 EPS by 49c, Revenues Beat

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Go back to Orthofix International (OFIX) Tops Q2 EPS by 49c, Revenues Beat

Orthofix Reports Second Quarter 2020 Results

August 6, 2020 7:00 AM EDT

Net sales of $73.1 million, a decrease of 37% compared to prior year on a reported and constant currency basis Record Motion Preservation sales quarter of $3.6 million in the U.S., an increase of 24% sequentially New product innovation cadence building momentum with new regulatory clearances

LEWISVILLE, Texas--(BUSINESS WIRE)-- Orthofix Medical Inc. (NASDAQ: OFIX) today reported its financial results for the second quarter ended June 30, 2020. Net sales were $73.1 million, earnings per share (EPS) was ($0.96) and adjusted EPS was ($0.59).

Despite the significant impact... More