OFIX Q3 2024 Earnings — Orthofix Medical Inc. Revenue & Financial Results | Market Cap Arena

OFIXOrthofix Medical Inc.

$503M

Q3 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$197M+6.8% YoY

Gross Profit

$135M68.7% margin

Operating Income

-$19M-9.6% margin

Net Income

-$27M-13.9% margin

EPS (Diluted)

$-0.71

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$6M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$868M

Total Liabilities

$342M

Stockholders' Equity

$526M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$197M	$184M	+6.8%
Gross Profit	$135M	$120M	+12.8%
Operating Income	-$19M	-$24M	+22.7%
Net Income	-$27M	-$29M	+5.1%

Revenue Segments

Global Spine

$166M84%

Global Orthopedics

$31M16%

Geographic Segments

Other Countries

$16M58%

ITALY

$5M19%

FRANCE

$3M11%

GERMANY

$2M8%

BRAZIL

$1M4%