OrthoPediatrics: Q2 Earnings Snapshot
By AP News
Published - Jul 31, 2023, 05:03 PM ET
Last Updated - Jul 31, 2023, 05:03 PM EDT
WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — OrthoPediatrics Corp. (KIDS) on Monday reported a loss of $2.9 million in its second quarter.
The Warsaw, Indiana-based company said it had a loss of 13 cents per share. Losses, adjusted for non-recurring gains, came to 19 cents per share.
The maker of orthopedic devices posted revenue of $39.6 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $39.1 million.
OrthoPediatrics expects full-year revenue in the range of $148 million to $151 million.