Orthofix International (OFIX) Tops Q1 EPS by 15c, Revenues Beat; Raises FY21 EPS/Revenue Guidance Above Consensus

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Orthofix Reports First Quarter 2021 Results

April 30, 2021 7:00 AM EDT

Net sales of $106 million, up 1% compared to prior year, after a strong recovery in March U.S. Spinal Implants net sales grew 19% compared to prior year, as net sales increased for both Spine Fixation and Motion Preservation Performed the first cervical and lumbar procedures utilizing our new 3D-printed titanium interbody implants with Nanovate Technology Announced exclusive licensing agreement with Italy-based IGEA S.p.A. to expand our Bone Growth Therapies portfolio

LEWISVILLE, Texas--(BUSINESS WIRE)-- Orthofix Medical Inc. (NASDAQ:... More