Orthofix: Q4 Earnings Snapshot

Associated Press Finance
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LEWISVILLE, Texas (AP) — LEWISVILLE, Texas (AP) — Orthofix Medical Inc. (OFIX) on Tuesday reported a loss of $22.2 million in its fourth quarter.

On a per-share basis, the Lewisville, Texas-based company said it had a loss of 59 cents. Losses, adjusted for non-recurring costs and stock option expense, were 10 cents per share.

The medical device maker posted revenue of $200.4 million in the period.

For the year, the company reported a loss of $151.4 million, or $4.12 per share. Revenue was reported as $746.6 million.

Orthofix expects full-year revenue in the range of $785 million to $795 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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