WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — OrthoPediatrics Corp. (KIDS) on Tuesday reported a loss of $7.1 million in its second quarter.
On a per-share basis, the Warsaw, Indiana-based company said it had a loss of 30 cents. Losses, adjusted for non-recurring costs, were 11 cents per share.
The maker of orthopedic devices posted revenue of $61.1 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $61.7 million.
OrthoPediatrics expects full-year revenue in the range of $237 million to $242 million.
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