Orthofix Medical: Q3 Earnings Insights

Orthofix Medical: Q3 Earnings Insights

Orthofix Medical OFIX reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Orthofix Medical beat estimated earnings by 8.33%, reporting an EPS of $0.13 versus an estimate of $0.12.

Revenue was up $1.57 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 7.81% drop in the share price the next day.

Here's a look at Orthofix Medical's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.10 0.09 0.13 0.11
EPS Actual 0.08 -0.10 0.27 0.10
Revenue Estimate 118.25M 104.35M 124.87M 113.31M
Revenue Actual 118.07M 106.42M 125.06M 112.43M

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.

Posted In: BZI-RecapsEarnings