WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — OrthoPediatrics Corp. (KIDS) on Tuesday reported a fourth-quarter loss of $7.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Warsaw, Indiana-based company said it had a loss of 35 cents. Losses, adjusted for non-recurring costs, were 32 cents per share.
The maker of orthopedic devices posted revenue of $31 million in the period.
For the year, the company reported net income of $1.3 million, or 6 cents per share, swinging to a profit in the period. Revenue was reported as $122.3 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KIDS at https://www.zacks.com/ap/KIDS
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
