Vickie Capps
appointed Vickie Capps as a director.
Highest-materiality recent filing
Orthofix cuts FY2026 guidance as CMS cuts bone stimulator reimbursement ~10%
CMS reduced Medicare reimbursement for HCPCS codes E0747, E0748, E0760 by ~10% effective May 18, 2026.
Orthofix Q1 pro forma revenue $196.4M +2.7% constant currency; reaffirms FY guidance
GAAP net loss $(20.9)M vs $(53.1)M prior year; adjusted EBITDA $9.7M (4.9% of pro forma sales) vs $11.4M (6.0%) prior year.
Orthofix reports prelim Q1 net sales $196.7M, realigns spine leadership, Reinhardt to depart
Preliminary Q1 net sales $196.7M; reported constant currency +0.4%, pro forma constant currency +2.7% YoY.
Orthofix Q4 net sales $219.9M, net loss narrows; FY26 guidance $850-860M sales, $95-98M adj. EBITDA
Q4 net loss $(2.2)M vs $(29.1)M YoY; adjusted EBITDA $29.2M (13.4% margin), up 230 bps.
Orthofix Q3 pro forma net sales up 5.7%; adj EBITDA margin expands to 12.1%
Pro forma net sales $203.4M, +5.7% constant currency vs Q3 2024; reported net sales $205.6M.
Orthofix Q2 net sales $203.1M (+2.3%); adj. EBITDA $20.6M; positive FCF; reaffirms FY25 guide
Pro forma net sales (ex-M6) $200.7M, +3.5% constant currency; net loss $(14.1)M vs $(33.4)M prior year.
Orthofix Q1 net loss $53.1M; lowers FY2025 net sales guidance to $808-816M
Q1 pro forma net sales $189.2M, up 4.3% constant currency YoY; GAAP net loss $53.1M ($1.35/share) vs $36.0M loss year ago.
Q4 net sales $215.7M (+8% YoY); record BGT $63.9M (+9%) and Global Orthopedics $35.8M (+18% cc).
Orthofix enters $275M secured credit facility with Oxford Finance; repays Blue Torch loan
New credit agreement provides $160M term loan, $65M delayed draw, and up to $50M discretionary facility, maturing Nov 2029.
Orthofix Q3 net sales $196.6M (+7%), adjusted EBITDA $19.2M, introduces 2027 targets
Net sales $196.6M, +7% YoY; U.S. Spine Fixation +18%, U.S. Orthopedics record quarter +15%.
Orthofix Q2 net sales $198.6M (+6% YoY); raises FY2024 guidance
Q2 net sales $198.6M, +6% YoY; net loss $(33.4M) vs $(39.4M) prior year; EPS $(0.88).
Net sales $188.6M, +7.7% YoY; Bone Growth Therapies +10%, U.S. Spine Fixation +16%, U.S. Orthopedics +23%.
appointed Vickie Capps as a director.
At its meeting on June 18, 2024, the Company’s Board of Directors (the “Board”) unanimously appointed (i) Michael M. Finegan as Chair of the Board
On June 20, 2024, the Company announced that Kimberley A. Elting, the Company’s President, Global Orthopedics, will be departing as an executive and employee on or about July 5, 2024.
Max materiality 0.80 · Median 0.70 · Most common event earnings