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BRIEF-Surgalign Holdings Posts Quarterly Loss Per Share Of $0.15

05/10/2021 16:48
BRIEF-Surgalign Holdings Posts Quarterly Loss Per Share Of $0.15

- Surgalign Holdings Inc SRGA.O:

  • SURGALIGN HOLDINGS, INC. ANNOUNCES FIRST QUARTER 2021 RESULTS

  • GLOBAL REVENUE FOR QUARTER ENDED MARCH 31, 2021 WAS $23.3 MILLION COMPARED TO $27.1 MILLION FOR PRIOR YEAR PERIOD

  • SURGALIGN HOLDINGS - CONTINUES TO ANTICIPATE FY REVENUE TO GROW IN RANGE OF 5% - 10% VERSUS PRIOR YEAR'S GLOBAL SPINE REVENUE OF ABOUT $102 MILLION

  • CONTINUES TO ANTICIPATE FULL YEAR ADJUSTED EBITDA LOSS WILL BE IN RANGE OF $35 - $40 MILLION

  • SURGALIGN HOLDINGS - FY REVENUE GUIDANCE CONTINUES TO ASSUME THAT GLOBAL PROCEDURE VOLUMES RETURN TO NORMAL LEVELS DURING Q2 OF 2021

  • QTRLY NET LOSS FROM CONTINUING OPERATIONS PER COMMON SHARE - DILUTED $0.15

  • Q1 REVENUE VIEW $23.4 MILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:nGNXfg3Kj

Further company coverage: SRGA.O


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