Orthofix: Q1 Earnings Snapshot
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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