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Orthofix Medical OFIX reported its Q2 earnings results on Friday, August 5, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Orthofix Medical missed estimated earnings by 20.0%, reporting an EPS of $0.08 versus an estimate of $0.1.
Revenue was down $3.32 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.19 which was followed by a 8.33% drop in the share price the next day.
Here’s a look at Orthofix Medical’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.13 | 0.11 | 0.11 |
| EPS Actual | -0.10 | 0.27 | 0.10 | 0.32 |
| Revenue Estimate | 104.35M | 124.87M | 113.31M | 108.20M |
| Revenue Actual | 106.42M | 125.06M | 112.43M | 121.39M |
To track all earnings releases for Orthofix Medical visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.