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Recap: Orthofix Medical Q2 Earnings

ByBenzinga Insights

Aug 5, 2022
Recap: Orthofix Medical Q2 Earnings

 

Orthofix Medical OFIX reported its Q2 earnings results on Friday, August 5, 2022 at 07:00 AM.

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

Earnings

Orthofix Medical missed estimated earnings by 20.0%, reporting an EPS of $0.08 versus an estimate of $0.1.

Revenue was down $3.32 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.19 which was followed by a 8.33% drop in the share price the next day.

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

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.09 0.13 0.11 0.11
EPS Actual -0.10 0.27 0.10 0.32
Revenue Estimate 104.35M 124.87M 113.31M 108.20M
Revenue Actual 106.42M 125.06M 112.43M 121.39M

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.



Image and article originally from www.benzinga.com. Read the original article here.