Orthofix Medical (NASDAQ:OFIX) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:07 PM.
Here’s what investors need to know about the announcement.
Earnings
Orthofix Medical beat estimated earnings by 133.33%, reporting an EPS of $0.07 versus an estimate of $-0.21.
Revenue was up $70.01 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.49 which was followed by a 13.31% increase in the share price the next day.
Here’s a look at Orthofix Medical’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.47 | -0.51 | 0.34 | 0.12 |
| EPS Actual | 0.02 | -0.10 | 0.19 | 0.13 |
| Revenue Estimate | 185.63M | 168.46M | 121.84M | 113.00M |
| Revenue Actual | 187.02M | 175.20M | 122.23M | 114.00M |
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.
