secwatch.observer — SEC 8-K summary
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Issuer:     ORTHOPEDIATRICS CORP (KIDS)
CIK:        0001425450
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001425450-23-000066
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OrthoPediatrics Q1 rev $31.6M +35% YoY, raises FY23 guidance to $148-151M
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- Revenue $31.6M (+35% YoY); net loss $6.8M ($0.30/sh) vs $9.1M ($0.47/sh) prior year.
- Trauma & Deformity rev +42%, Scoliosis +18%, Sports Medicine/Other +22%.
- FY23 revenue guidance raised to $148-151M (21-23% growth); adj. EBITDA reaffirmed $3-4M.
- Gross margin 75% vs 79% due to non-recurring favorable purchase price variances.
- Cash $109.2M, no debt drawn on $50M credit line.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425450/000142545023000066/0001425450-23-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425450/000142545023000066/kids-20230501.htm
  HTML page:      https://secwatch.observer/filing/0001425450-23-000066

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer