RTI Surgical: 2Q Earnings Snapshot
ALACHUA, Fla. (AP) _ RTI Surgical Inc. (RTIX) on Thursday reported a loss of $5.5 million in its second quarter.
On a per-share basis, the Alachua, Florida-based company said it had a loss of 10 cents. Earnings, adjusted for one-time gains and costs, came to 3 cents per share.
The orthopedic implant maker posted revenue of $70.7 million in the period.
RTI Surgical expects full-year revenue in the range of $280 million to $290 million.
The company’s shares closed at $4.40. A year ago, they were trading at $5.65.