OFIX Q4 2023 Earnings — Orthofix Medical Inc. Revenue & Financial Results | Market Cap Arena

OFIXOrthofix Medical Inc.

$503M

Q4 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$200M+64.0% YoY

Gross Profit

$137M68.2% margin

Operating Income

-$18M-9.1% margin

Net Income

-$22M-11.1% margin

EPS (Diluted)

$-0.60

QoQ Revenue Growth

+8.9%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$23M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$925M

Total Liabilities

$327M

Stockholders' Equity

$599M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$200M	$122M	+64.0%
Gross Profit	$137M	$89M	+53.2%
Operating Income	-$18M	-$11M	-65.8%
Net Income	-$22M	-$7M	-214.0%

Revenue Segments

Global Spine

$170M85%

Global Orthopedics

$31M15%