Orthofix International NV (OFIX) Releases Earnings Results, Misses Expectations By $0.05 EPS
By Jamal Genner
Orthofix International NV (NASDAQ
:OFIX) issued its quarterly earnings data on Tuesday. The company reported $0.17 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.22 by $0.05, Analyst Ratings News reports. The company had revenue of $101.00 million for the quarter, compared to the consensus estimate of $95.80 million. Orthofix International NV’s revenue was up 10.0% compared to the same quarter last year.
Shares of Orthofix International NV (NASDAQ:OFIX) opened at 31.31 on Tuesday. Orthofix International NV has a 52 week low of $26.96 and a 52 week high of $36.90. The stock’s50-day moving average is $32. and its 200-day moving average is $30.. The company’smarket cap is $577.23 million.
Orthofix International N.V. (NASDAQ:OFIX) is a diversified, global medical device company focused on developing and delivering repair and regenerative solutions to the spine and orthopedic markets. The Company operates in two global business units, which include Spine and Orthopedics.
