SeaSpine Holdings (SPNE) Reports Q4 Loss of $0.52/sh, Offers Guidance

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Go back to SeaSpine Holdings (SPNE) Reports Q4 Loss of $0.52/sh, Offers Guidance

SeaSpine Announces Fourth Quarter and Full-Year 2021 Financial Results

March 11, 2022 9:00 AM EST

CARLSBAD, Calif., March 11, 2022 (GLOBE NEWSWIRE) -- SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today financial results for the three-months and full-year ended December 31, 2021.

Summary Fourth Quarter 2021 Financial Results and Recent Accomplishments

Revenue of $55.6 million, an increase of 20% year-over-yearU.S. revenue of $50.2 million, an increase of 19% year-over-year U.S. spinal implants and enabling technologies revenue of $27.3 million, an increase of 32% year-over-yearU.S. orthobiologics revenue of $22.9 million, an increase of 7%... More