Orthofix Medical (NASDAQ:OFIX) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Orthofix Medical beat estimated earnings by 80.39%, reporting an EPS of $-0.1 versus an estimate of $-0.51.
Revenue was up $68.79 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.15 which was followed by a 4.73% drop in the share price the next day.
Here’s a look at Orthofix Medical’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.34 | 0.12 | 0.10 | 0.09 |
| EPS Actual | 0.19 | 0.13 | 0.08 | -0.10 |
| Revenue Estimate | 121.84M | 113.00M | 118.25M | 104.35M |
| Revenue Actual | 122.23M | 114.00M | 118.07M | 106.42M |
To track all earnings releases for Orthofix Medical visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
