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Orthofix Medical: Q1 Earnings Insights

Shares of Orthofix Medical (NASDAQ:OFIX) remained unaffected at $36.16 after the company reported Q1 results. Quarterly Results Earnings per share fell 66.67% over the past year to $0.09, which beat the estimate of $0.06.

Benzinga · 05/08/2020 11:58

Shares of Orthofix Medical (NASDAQ:OFIX) remained unaffected at $36.16 after the company reported Q1 results.

Quarterly Results

Earnings per share fell 66.67% over the past year to $0.09, which beat the estimate of $0.06.

Revenue of $104,823,000 lower by 3.93% year over year, which missed the estimate of $105,860,000.

Looking Ahead

Orthofix Medical hasn't issued any earnings guidance for the time being.

Orthofix Medical hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 08, 2020

Webcast URL: https://edge.media-server.com/mmc/p/qc9jp9an

Price Action

52-week high: $57.40

Company's 52-week low was at $22.11

Price action over last quarter: down 1.47%

Company Description

Orthofix Medical Inc is a medical device company that provides reconstructive and regenerative orthopedic and spine solutions to physicians. The company has four reportable segments include Bone Growth Therapies, Spinal Implants, Biologics, and Orthofix Extremities. It generates maximum revenue from Bone Growth Therapies segment. Geographically, it generates maximum revenue from a company the U.S and also has a presence in Italy, Germany, United Kingdom, Brazil, and other countries.