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Orthofix: Q3 Earnings Snapshot

By AP News - Nov 07, 2024, 07:23 AM ET
Last Updated - Nov 07, 2024, 07:23 AM EST
Orthofix: Q3 Earnings Snapshot

LEWISVILLE, Texas (AP) — LEWISVILLE, Texas (AP) — Orthofix Medical Inc. (OFIX) on Thursday reported a loss of $27.4 million in its third quarter.

On a per-share basis, the Lewisville, Texas-based company said it had a loss of 71 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 7 cents per share.

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The medical device maker posted revenue of $196.6 million in the period.

Orthofix expects full-year revenue in the range of $795 million to $800 million.

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