OrthoPediatrics: 2Q Earnings Snapshot
WARSAW, Ind. (AP) _ OrthoPediatrics Corp. (KIDS) on Wednesday reported a loss of $2.7 million in its second quarter.
The Warsaw, Indiana-based company said it had a loss of 21 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.
The maker of orthopedic devices posted revenue of $15.1 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $14.2 million.
OrthoPediatrics shares have increased 38 percent since the beginning of the year.