OFIX Q3 2023 Earnings — Orthofix Medical Inc. Revenue & Financial Results | Market Cap Arena

OFIXOrthofix Medical Inc.

$503M

Q3 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$184M+61.4% YoY

Gross Profit

$120M65.1% margin

Operating Income

-$24M-13.3% margin

Net Income

-$29M-15.7% margin

EPS (Diluted)

$-0.77

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$477,000

Free Cash Flow

-$22M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$906M

Total Liabilities

$290M

Stockholders' Equity

$615M

Cash & Equivalents

$34M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$184M	$114M	+61.4%
Gross Profit	$120M	$83M	+43.6%
Operating Income	-$24M	-$6M	-322.5%
Net Income	-$29M	-$11M	-169.3%

Revenue Segments

Global Spine

$154M84%

Global Orthopedics

$30M16%

Geographic Segments

Non-US

$31M100%