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.

Earnings

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.

Past Earnings Performance

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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