OFIX Q3 2021 Earnings — Orthofix Medical Inc. Revenue & Financial Results | Market Cap Arena

OFIXOrthofix Medical Inc.

$488M

Q3 2021 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$112M+1.3% YoY

Gross Profit

$84M74.8% margin

Operating Income

-$313,000-0.3% margin

Net Income

-$2M-1.9% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-7.4%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$3M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$500M

Total Liabilities

$136M

Stockholders' Equity

$365M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$112M	$111M	+1.3%
Gross Profit	$84M	$85M	-0.7%
Operating Income	-$313,000	$4M	-107.5%
Net Income	-$2M	$5M	-146.6%

Revenue Segments

Bone Growth Therapies

$45M52%

Spinal Implants

$28M33%

Biologics

$13M15%

Geographic Segments

Bone Growth Therapies

$45M100%