Orthofix International (OFIX) Reports Prelim Q3 Net Sales of $114M

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Orthofix Announces Preliminary Third Quarter and Year-To-Date 2022 Net Sales Results

October 11, 2022 6:05 AM EDT

Third quarter net sales of $114 million, an increase of 1% on a reported basis and 5% on a constant currency basis over prior year Global Orthopedics net sales growth of 19% on a constant currency basis driven by commercial channel investments Biologics net sales growth of 8% driven by new product introductions Bone Growth Therapies net sales growth of 3% driven by the commercial roll-out of AccelStim Bone Healing Therapy Announced agreement to merge with SeaSpine Holdings Corporation (NASDAQ: SPNE or "SeaSpine"), creating a leading global spine and orthopedics... More