Surgalign Holdings (SRGA) Tops Q4 EPS by 10c

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Go back to Surgalign Holdings (SRGA) Tops Q4 EPS by 10c

Surgalign Holdings, Inc. Announces Fourth Quarter and Full Year 2020 Results and Introduces 2021 Guidance

March 16, 2021 4:00 PM EDT

DEERFIELD, Ill., March 16, 2021 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc. (Nasdaq: SRGA), a global medical technology company focused on advancing spine surgery and improving patient outcomes, including through the application of digital technology, today reported operating results for the fourth quarter and full year 2020.

Recent Highlights:

Total fourth quarter 2020 global spine revenue of $26.2 millionNet loss from continuing operations of $118 million inclusive of approximately of $101 million of non-recurring chargesFourth quarter 2020 adjusted EBITDA loss of $7.7 millionDuring the first quarter of 2021, completed an equity financing, raising... More