Orthofix Medical: Q3 Earnings Insights

Orthofix Medical OFIX reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:07 PM.

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

Orthofix Medical beat estimated earnings by 133.33%, reporting an EPS of $0.07 versus an estimate of $-0.21.

Revenue was up $70.01 million from the same period last year.

Last quarter the company beat on EPS by $0.49 which was followed by a 13.31% increase in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.47	-0.51	0.34	0.12
EPS Actual	0.02	-0.10	0.19	0.13
Revenue Estimate	185.63M	168.46M	121.84M	113.00M
Revenue Actual	187.02M	175.20M	122.23M	114.00M

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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