earnings
confidence high
sentiment positive
materiality 0.75
Orthofix Q2 net sales $210.9M (+5% constant currency); raises FY2026 guidance
Orthofix Medical Inc.
- Q2 net sales $210.9M, up 5% pro forma constant currency YoY; GAAP net loss $(15.8)M ($0.39 loss per share).
- Non-GAAP adjusted EBITDA $20.1M (9.6% of sales) vs $20.6M (10.3%) prior year; margin slightly down.
- Raised FY2026 net sales guidance to $845M-$855M (from $838M-$848M) and adjusted EBITDA to $95M-$98M (from $90M-$93M).
- Global Limb Reconstruction grew 11% constant currency; Spine Fixation double-digit; Biologics stabilizing.
- Cash $104.4M, down from $120.9M due to arbitration payments to former executives.