SeaSpine Holdings (SPNE) Misses Q1 EPS by 9c

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Go back to SeaSpine Holdings (SPNE) Misses Q1 EPS by 9c

SeaSpine Reports 21 Percent Revenue Growth for First Quarter 2022 and Increases Full Year 2022 Revenue Guidance

May 3, 2022 4:05 PM EDT

CARLSBAD, Calif., May 03, 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 ended March 31, 2022.

Summary First Quarter 2022 Financial Results and Recent Highlights

Total revenue of $50.7 million, an increase of 21% year-over-yearU.S. revenue of $45.5 million, an increase of 21% year-over-year U.S. spinal implants and enabling technologies revenue of $24.2 million, an increase of 31% year-over-yearU.S. orthobiologics revenue of $21.3 million, an increase of 12% year-over-year... More