Orthofix Medical: Q3 Earnings Insights - Orthofix Medical (NASDAQ:OFIX)

Orthofix Medical OFIX reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

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

Orthofix Medical beat estimated earnings by 8.33%, reporting an EPS of $0.13 versus an estimate of $0.12.

Revenue was up $1.57 million from the same period last year.

Last quarter the company missed on EPS by $0.02 which was followed by a 7.81% drop in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.10	0.09	0.13	0.11
EPS Actual	0.08	-0.10	0.27	0.10
Revenue Estimate	118.25M	104.35M	124.87M	113.31M
Revenue Actual	118.07M	106.42M	125.06M	112.43M

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.