Orthofix Medical: Q1 Earnings Insights

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Orthofix Medical OFIX reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:00 PM.

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

Earnings

Orthofix Medical beat estimated earnings by 80.39%, reporting an EPS of $-0.1 versus an estimate of $-0.51.

Revenue was up $68.79 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15 which was followed by a 4.73% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.34 0.12 0.10 0.09
EPS Actual 0.19 0.13 0.08 -0.10
Revenue Estimate 121.84M 113.00M 118.25M 104.35M
Revenue Actual 122.23M 114.00M 118.07M 106.42M

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.

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