WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — OrthoPediatrics Corp. (KIDS) on Wednesday reported a loss of $10.7 million in its first quarter.
The Warsaw, Indiana-based company said it had a loss of 46 cents per share. Losses, adjusted for non-recurring costs, were 39 cents per share.
The maker of orthopedic devices posted revenue of $52.4 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $51.5 million.
OrthoPediatrics expects full-year revenue in the range of $235 million to $242 million.
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