Orthofix: Q1 Earnings Snapshot

LEWISVILLE, Texas (AP) — LEWISVILLE, Texas (AP) — Orthofix Medical Inc. (OFIX) on Tuesday reported a loss of $36 million in its first quarter.

The Lewisville, Texas-based company said it had a loss of 95 cents per share. Losses, adjusted for non-recurring costs and stock option expense, came to 46 cents per share.

The medical device maker posted revenue of $188.6 million in the period.

Orthofix expects full-year revenue in the range of $790 million to $795 million.


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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