SeaSpine Holdings (SPNE) Misses Q3 EPS by 11c, Revenues Beat

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SeaSpine Announces 45% Revenue Growth and Record Revenue for Third Quarter 2022

November 1, 2022 4:02 PM EDT

CARLSBAD, Calif., Nov. 01, 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 third quarter of 2022.

Summary Third Quarter 2022 Financial Results and Recent Highlights

Total revenue of $67.1 million, an increase of 45% year-over-yearU.S. revenue of $51.1 million, an increase of 24% year-over-yearU.S. spinal implants and enabling technologies revenue of $27.4 million, an increase of 30% year-over-yearU.S. orthobiologics revenue of $23.8 million, an increase of 18% year-over-yearInternational revenue of $16.0 million, an... More