earnings
confidence high
sentiment positive
materiality 0.85
Organogenesis Q2 revenue $123.2M (+79%), net income $20.7M; new $200M credit facility
Organogenesis Holdings Inc.
2021-Q2 EPS reported
$0.23
revenue$225,748,000
- Net revenue $123.2M (+79% YoY); Advanced Wound Care $111.4M (+87%), Surgical & Sports Med $11.8M (+27%).
- Net income $20.7M ($0.15 diluted EPS) vs loss $5.2M; adjusted EBITDA $25.1M (20.4% of revenue).
- FY2021 revenue guidance raised to $456-472M (35-40% growth); GAAP net income and adjusted EBITDA positive.
- New $200M credit facility ($75M term loan + $125M revolver) with LIBOR-based pricing; prior facility terminated.
- Legacy stockholders agreed not to sell shares until March 1, 2022 unless via underwritten secondary offering.