Orthofix: Q1 Earnings Snapshot

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LEWISVILLE, Texas (AP) — LEWISVILLE, Texas (AP) — Orthofix Medical Inc. (OFIX) on Tuesday reported a loss of $60.9 million in its first quarter.

The Lewisville, Texas-based company said it had a loss of $1.71 per share. Losses, adjusted for costs related to mergers and acquisitions and stock option expense, were 10 cents per share.

The medical device maker posted revenue of $175.2 million in the period.

Orthofix expects full-year revenue in the range of $750 million to $756 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OFIX at https://www.zacks.com/ap/OFIX

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