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OrthoPediatrics: Q1 Earnings Snapshot

OrthoPediatrics Corp. (KIDS) on Monday reported a loss of $6.8 million in its first quarter. The Warsaw, Indiana-based company said it had a loss of 30 cents per share. Losses, adjusted for non-recurring costs, came to 29 cents per share. The maker of orthopedic devices posted revenue of $31.6 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $29.5 million

By AP News
Published - May 01, 2023, 04:47 PM ET
Last Updated - Apr 15, 2024, 07:12 AM EDT

WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — OrthoPediatrics Corp. (KIDS) on Monday reported a loss of $6.8 million in its first quarter. 

The Warsaw, Indiana-based company said it had a loss of 30 cents per share. Losses, adjusted for non-recurring costs, came to 29 cents per share. 

The maker of orthopedic devices posted revenue of $31.6 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $29.5 million. 

OrthoPediatrics expects full-year revenue in the range of $148 million to $151 million. 

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