Recap: Orthofix Medical Q2 Earnings

Orthofix Medical OFIX reported its Q2 earnings results on Friday, August 5, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Orthofix Medical missed estimated earnings by 20.0%, reporting an EPS of $0.08 versus an estimate of $0.1.

Revenue was down $3.32 million from the same period last year.

Last quarter the company missed on EPS by $0.19 which was followed by a 8.33% drop in the share price the next day.

Here's a look at Orthofix Medical's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.09	0.13	0.11	0.11
EPS Actual	-0.10	0.27	0.10	0.32
Revenue Estimate	104.35M	124.87M	113.31M	108.20M
Revenue Actual	106.42M	125.06M	112.43M	121.39M

To track all earnings releases for Orthofix Medical visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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