Brief: Artivion Reports Fourth Quarter And Full Year 2022 Financial Results

Artivion

16/02/2023 23:00

Feb 16 (Reuters) - Artivion Inc  AORT.N :
    * ARTIVION REPORTS FOURTH QUARTER AND FULL YEAR 2022
FINANCIAL
RESULTS
    * Q4 REVENUE ROSE 5 PERCENT TO $79.4 MILLION
    * REVENUE OF $79.4 MILLION IN Q4 OF 2022 VERSUS $79.4
MILLION IN
Q4 OF 2021
    * NET INCOME FOR Q4 OF 2022 WAS $2.2 MILLION, OR $0.05 PER
FULLY
DILUTED COMMON SHARE
    * NON-GAAP NET INCOME FOR Q4 OF 2022 WAS $4.2 MILLION, OR
$0.10
PER FULLY DILUTED COMMON SHARE
    * EXPECTS ITS CONSTANT CURRENCY REVENUE GROWTH TO BE BETWEEN
8.0%
AND 12.0% FOR FULL YEAR 2023 COMPARED TO 2022
    * EXPECTS 2023 REVENUES TO BE IN A RANGE OF BETWEEN $331
MILLION
AND $343 MILLION
    * EXPECTS ADJUSTED EBITDA, AS REPORTED, TO INCREASE GREATER
THAN
20% IN 2023 COMPARED TO 2022
    * Q4 EARNINGS PER SHARE VIEW $-0.12, REVENUE VIEW $79.9
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $-0.31, REVENUE VIEW $338.0
MILLION -- REFINITIV IBES DATA

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