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Orthofix: Q1 Earnings Snapshot

Orthofix: Q1 Earnings Snapshot

LEWISVILLE, Texas (AP) — LEWISVILLE, Texas (AP) — Orthofix Medical Inc. (OFIX) on Tuesday reported a loss of $53.1 million in its first quarter.
On a per-share basis, the Lewisville, Texas-based company said it had a loss of $1.35. Losses, adjusted for non-recurring costs and stock option expense, were 8 cents per share.
The medical device maker posted revenue of $193.6 million in the period.
Orthofix expects full-year revenue in the range of $808 million to $816 million.

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