Orthofix beats Q3 sales estimates, narrows FY forecast

Orthofix Medical

04/11/2025 12:17

Overview

Orthofix Q3 net sales rose 5% yr/yr to $205.6 mln, beating analyst expectations

Adjusted EBITDA for Q3 increased 28.2% yr/yr, beating analyst estimates

Company narrowed full-year net sales guidance, raised low end of adjusted EBITDA guidance

Outlook

Orthofix narrows 2025 net sales guidance to $810 mln-$814 mln

Orthofix raises low end of 2025 adjusted EBITDA guidance to $84 mln-$86 mln

Orthofix expects positive free cash flow for 2025, excluding M6 restructuring charges

Result Drivers

SPINE FIXATION GROWTH - U.S. Spine Fixation net sales grew 8%, driven by 7D FLASH™ navigation technology

BONE GROWTH THERAPIES - Bone Growth Therapies net sales increased by 6% due to effective cross-selling and leveraging access points

ORTHOPEDICS LAUNCH - U.S. Orthopedics net sales grew 19%, aided by the launch of TrueLok™ Elevate

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$205.60 mln
$200 mln (5 Analysts)
Q3 EPS
-$0.57
Q3 Adjusted EBITDA
Beat
$24.60 mln
$20.19 mln (5 Analysts)
Q3 Gross Margin
72.20%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for Orthofix Medical Inc is $23.00, about 30.2% above its November 3 closing price of $16.06

Press Release: ID:nBw3gn6Hza

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)