earnings
confidence high
sentiment neutral
materiality 0.65
OrthoPediatrics Q2 revenue $39.6M (+20% YoY); net loss $2.9M, FY guide reaffirmed
ORTHOPEDIATRICS CORP
2023-Q2 EPS reported
-$0.43
revenue$71,147,000
- Total revenue $39.6M, +20% vs $32.9M in Q2 2022; US +19%, international +25%.
- Trauma & Deformity revenue $27.5M (+22%), Scoliosis $10.9M (+16%), Sports Med/Other $1.2M (+23%).
- Gross margin 76% (flat YoY); operating expenses $35.6M (+24%).
- Net loss $2.9M ($0.13 loss per share) vs $0.3M loss a year ago; adj. EBITDA $2.3M vs $2.1M.
- FY 2023 revenue guidance reiterated at $148M–$151M (21–23% growth); adj. EBITDA expected $3M–$4M.