OFIX Q2 2022 Earnings — Orthofix Medical Inc. Revenue & Financial Results | Market Cap Arena

OFIXOrthofix Medical Inc.

$503M

Q2 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$118M-2.7% YoY

Gross Profit

$86M73.2% margin

Operating Income

$7M5.6% margin

Net Income

$2M2.1% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+10.9%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$11M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$462M

Total Liabilities

$120M

Stockholders' Equity

$342M

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$118M	$121M	-2.7%
Gross Profit	$86M	$94M	-8.0%
Operating Income	$7M	$4M	+55.6%
Net Income	$2M	$2M	+2.9%

Revenue Segments

Global Spine

$91M43%

Bone Growth Therapies

$48M23%

Spinal Implants

$28M14%

Global Orthopedics

$27M13%

Biologics

$15M7%

Geographic Segments

Global Spine

$91M66%

Bone Growth Therapies

$48M34%