Bioventus Inc. (BVS) Misses Q4 EPS by 11c

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Bioventus Reports Fourth Quarter and Full-Year 2022 Financial Results

March 31, 2023 7:30 AM EDT

DURHAM, N.C., March 31, 2023 (GLOBE NEWSWIRE) -- Bioventus Inc. (Nasdaq: BVS) ("Bioventus" or "the Company"), a global leader in innovations for active healing, today reported financial results for the year ended December 31, 2022.

Q4 Financial Summary & Recent Highlights:

Net Sales of $125.8 million, down $4.6 million, or (3.5%), year-over-year as reported ((2.9%) constant currency* and down (9.5%) organically* (9.0%) constant currency*)Net Loss of $44.9 million, compared to Net Loss of $1.9 million in prior-year periodAdjusted... More