HomeMarket NewsThe Pulse of OFIX Stock: Navigating Orthofix Medical's Q4 2023 Earnings Rollercoaster

The Pulse of OFIX Stock: Navigating Orthofix Medical’s Q4 2023 Earnings Rollercoaster

Actionable Trade Ideas

always free

OFIX stock - OFIX Stock Earnings: Orthofix Medical Misses EPS, Beats Revenue for Q4 2023

Source: iQoncept / Shutterstock

Orthofix Medical (NASDAQ:OFIX) recently unveiled the financial snapshot of its fourth quarter for the year 2023.

  • The company experienced a setback in earnings per share, reporting a figure of -59 cents. This figure missed the analyst predictions for EPS of -8 cents.
  • However, on the revenue front, Orthofix Medical demonstrated resilience, achieving a revenue of $200.42 million.
  • Notably, this revenue figure surpassed analyst expectations by 2.61%, which were pegged at $195.31 million.

InvestorPlace Earnings is an innovative initiative that harnesses data from TradeSmith to streamline coverage of quarterly earnings releases. Offering exclusive insights into key metrics such as earnings per share and revenue, as well as a company’s performance relative to analyst forecasts, these reports are autonomously generated, enabling us to deliver the latest financial insights promptly. To report any discrepancies or for further information, reach out to us at [email protected].


Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/ofix-stock-earnings-orthofix-medical-for-q4-of-2023/.

©2024 InvestorPlace Media, LLC

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.