earnings
confidence high
sentiment positive
materiality 0.75
OrthoPediatrics Q3 record revenue $54.6M (+37% YoY); raises FY guidance to $202-204M
ORTHOPEDIATRICS CORP
2024-Q3 EPS reported
-$0.94
revenue$152,060,000
- Revenue $54.6M (+37% YoY); domestic up 45%, international up 12%.
- Net loss $7.9M ($0.34/shr) vs $4.6M ($0.20) YoY; $3.2M one-time refinancing expense.
- Adjusted EBITDA $4.0M vs $3.6M in Q3 2023; gross margin 73% vs 77%.
- Raised FY 2024 revenue guidance to $202-204M from $200-203M; reaffirmed Adj. EBITDA $8-9M.
- Helped record >33,000 children (+50% YoY); Trauma & Deformity +31%, Scoliosis +52%.