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Medical device maker Orthofix warns that Q3 revenue will rise only in low-single digits as COVID delays procedures

·1 min read
Medical device maker Orthofix warns that Q3 revenue will rise only in low-single digits as COVID delays procedures
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Orthofix Medical Inc. said Wednesday it expects third-quarter revenue growth to come in at a low single-digit increase over the year-earlier period, hurt by the high volume of elective procedures that have been deferred or rescheduled in the U.S. and overseas because of the recent surge in cases of COVID-19 spurred by the highly transmissible delta variant. The Lewisville, Texas-based medical device maker said it remains confident in its strategy and ability to accelerate growth over time. The c