{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-063953","form_type":"8-K","ticker":"OFIX","cik":"0000884624","company_name":"Orthofix Medical Inc.","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.602515+00:00","generated_at":"2026-05-22T15:49:47.133853+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Orthofix Q1 net loss $53.1M; lowers FY2025 net sales guidance to $808-816M","bullets":["Q1 pro forma net sales $189.2M, up 4.3% constant currency YoY; GAAP net loss $53.1M ($1.35/share) vs $36.0M loss year ago.","Non-GAAP pro forma adjusted EBITDA $11.4M (6.0% margin), up 49% vs $7.7M in Q1 2024; adjusted gross margin 70.3%.","Lowered FY2025 net sales guidance to $808-816M (pro forma) from $818-826M; reaffirms adjusted EBITDA $82-86M and positive free cash flow.","U.S. Spine Fixation +4%, BGT +5%, Global Orthopedics constant currency +11% YoY; TrueLok Elevate TBT System received FDA clearance.","Management cites commercial channel optimization causing temporary softness; expects growth to normalize after distributor transitions."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-063953","json":"https://secwatch.observer/filing/0000950170-25-063953.json","markdown":"https://secwatch.observer/filing/0000950170-25-063953.md","text":"https://secwatch.observer/filing/0000950170-25-063953.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/884624/000095017025063953/0000950170-25-063953-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/884624/000095017025063953/ofix-20250506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T15:49:47.133853+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}